News Details
Ericsson: Sauber out of 'survival mode'
– Sauber is no longer in "survival mode" following its mid-season takeover, and can now focus on climbing back up the Formula 1 grid, according to Marcus Ericsson.Sauber's financial troubles intensified in 2016, with staff enduring delayed payments, and team boss Monisha Kaltenborn missing races in a bid to secure investment.Sauber finally struck a deal in late July, shortly before Formula 1's summer break, with Swiss-based investment company Longbow Finance fully acquiring the group."It was very important," Ericsson said of the takeover."Before they [the investors] came in it was a bit survival mode for the team for the last couple of years, and that's been...
Full Story »
Full Story »
8y ago from GPUpdate.net
0
You May Also Be Interested In...
Liberty Media claims regulatory approval for F1...
Liberty Media has said it has received the necessary clearance from...
8y ago from GrandPrix247.com
Liberty Media gets antitrust approvals for F1 takeover
Liberty Media has announced it has gained all the necessary approvals...
8y ago from GrandPrixTimes.com
Recruitments assisted Sauber late-season progress in...
The influx of new recruits aimed at helping the Sauber F1 Team move...
8y ago from TheCheckeredFlag....
Liberty takeover gets antitrust approvals
– Liberty Media has announced that it has now received the required...
8y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu eyes 2027 regulations ahead of...
Toprak Razgatlioglu is already looking ahead to the 2027 MotoGP...
10h ago from MotorsportWeek.c...
Honda test rider Takaaki Nakagami to replace Luca...
Honda test rider Takaaki Nakagami has been announced as a replacement for...
1d ago from MotorsportWeek.c...
Pirelli to hold first MotoGP test in Misano with test...
No description available...
2d ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Nolan Siegel apologizes for profanity-filled radio rant
Arrow McLaren driver Nolan Siegel has apologized for what he said over...
59m ago from MotorsportWeek.c...
IndyCar breaks 1 million US TV viewers for third...
The NTT IndyCar Series is nearly through the first year with its new...
23h ago from MotorsportWeek.c...
Christian Rasmussen "not surprised" to earn...
No description available...
1d ago from Motorsport.com
After first oval win, does Kyle Kirkwood see himself...
No description available...
22h ago from Motorsport.com
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
5h ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
5d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Local media confirms Arsenal and Man United among main...
RB Leipzig playmaker Xavi Simons has been linked with a move away from the...
2h ago from CaughtOffside.com
'We will never force or blackmail Leipzig' - Benjamin...
Amid Arsenal links, Benjamin Sesko's agent, Elvis Basanovic, has made it...
1h ago from SportsKeeda.com
Arsecast Extra Episode 644 – 18.06.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
3h ago from Arseblog.com
Supercomputer predicts where Arsenal, Liverpool,...
A supercomputer has predicted how the Premier League table will look at...
1h ago from SportsKeeda.com
Comments
Hottest News
Hamilton's F1 title hopes rest on Ferrari plans to LEAVE...
How can Lewis Hamilton and Ferrari win a F1 world... Read More »
3h ago from GPFans.com
Aston Martin recruits ex-Adrian Newey colleague to bolster...
Aston Martin has recruited a former Red Bull... Read More »
10h ago from MotorsportWeek.com
Franz Hermann RETURNS as Max Verstappen conducts secret...
'Franz Hermann' - AKA F1 champion Max Verstappen... Read More »
2h ago from GPFans.com
