Sauber in crucial talks with investors to save team

  • Published on 06 Apr 2016 11:42
  • comments 7
  • By: Rob Veenstra

Amid Sauber's obvious financial problems early in 2016, new media reports suggest the struggling Swiss team could soon be sold. Co-owner and boss Monisha Kaltenborn was not in Bahrain last weekend, with sources reporting she stayed at Hinwil for crucial talks over the team's future.

But alarming speculation that Sauber's 23-year F1 adventure could end even before travelling to China next week may be wide of the mark. Citing "multiple sources", Brazil's Globo said Felipe Nasr and Marcus Ericcson will definitely be present and racing next weekend in Shanghai. But the report also said Kaltenborn is in crucial talks over Sauber's future, and potentially with the Ferrari-linked Italian carmaker Alfa Romeo.

And separate talks may also be taking place with the wealthy Swedish backers behind current race driver Ericsson, including links to the multinational packaging company Tetra Pak. The Finnish newspaper Turun Sanomat, meanwhile, cites a Swiss source who said another potential investor could be from Dubai. (GMM)

Those 16m given to Van der garde would have been handy now.

  • 1
  • Apr 6 2016 - 21:13

Replies (7)

Login to reply
  • It would be nice if they could survive this. Also, a deal with Alfa Romeo would be nice: they'll basically be yet another Ferrari B team, but they'd at least get some decent backing.

    • + 0
    • Apr 6 2016 - 12:17
  • How many more have to go before we control these silly costs to run 2 racing cars to 20 races, should be able to do it all for £40m

    • + 0
    • Apr 6 2016 - 13:21
    • Costs will be down quite drastically from next year and onward, at least when it comes to engine bills, but thats just one bill to pay.

      • + 0
      • Apr 6 2016 - 16:50
  • khasmir

    Posts: 893

    If the team is sold, most likely the name Sauber will disappear. Even if the team continues under a different name it will still be sad.
    They have been struggling for some time now so maybe it's time for a change.

    • + 0
    • Apr 6 2016 - 18:52
  • Those 16m given to Van der garde would have been handy now.

    • + 1
    • Apr 6 2016 - 21:13
  • Don't pay a single penny to that criminal Monisha. First things first, this parasite needs to be ousted only then can any sort of talks even begin.

    • + 0
    • Apr 7 2016 - 03:04
  • viktoraxel

    Posts: 8

    I think that if they manage to get the signature from alfa romeo it would be good. We need more classic teams on the grid. They could also Use that backing of Tetra Pak and Banco de Brasil for extra money.

    • + 0
    • Apr 7 2016 - 15:02

BE Grand Prix of Belgium

Local time 

BEGrand Prix of Belgium

Local time 

World Championship standings 2024

Show full world champion standings

Test calendar

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2024

Date
Grand Prix
Circuit
-
Bahrain
29 - Mar 2
Bahrain
7 - Mar 9
Saudi Arabia
22 - Mar 24
Australia
5 - Apr 7
Japan
19 - Apr 21
China
3 - May 5
United States of America
17 - May 19
Italy
24 - May 26
Monaco
7 - Jun 9
Canada
21 - Jun 23
Spain
28 - Jun 30
Austria
5 - Jul 7
United Kingdom
19 - Jul 21
Hungary
26 - Jul 28
Belgium
23 - Aug 25
Netherlands
30 - Sep 1
Italy
13 - Sep 15
Azerbaijan
20 - Sep 22
Singapore
18 - Oct 20
United States of America
25 - Oct 27
Mexico
1 - Nov 3
Brazil
22 - Nov 24
United States of America
29 - Dec 1
Qatar
6 - Dec 8
United Arab Emirates
See full schedule

Formula 1 Calendar - 2024

Date
Grand Prix & Circuit
29 - Mar 2
7 - Mar 9
Saudi Arabia Jeddah Street Circuit
22 - Mar 24
Australia Albert Park
5 - Apr 7
19 - Apr 21
3 - May 5
United States of America Miami International Autodrome
17 - May 19
24 - May 26
Monaco Monte Carlo
7 - Jun 9
21 - Jun 23
28 - Jun 30
Austria Red Bull Ring
5 - Jul 7
United Kingdom Silverstone
19 - Jul 21
Hungary Hungaroring
26 - Jul 28
23 - Aug 25
Netherlands Circuit Zandvoort
30 - Sep 1
Italy Monza
13 - Sep 15
Azerbaijan Baku City Circuit
20 - Sep 22
18 - Oct 20
United States of America Circuit of the Americas
25 - Oct 27
1 - Nov 3
Brazil Interlagos
22 - Nov 24
United States of America Las Vegas Street Circuit
29 - Dec 1
6 - Dec 8
United Arab Emirates Yas Marina Circuit
See full schedule

Driver profile

  • Team -
  • Points -
  • Podiums -
  • Grand Prix -
  • Country BR
  • Date of b. Aug 21 1992 (32)
  • Place of b. Brasilia, BR
  • Weight 68 kg
  • Length 1.75 m
Show full profile

Team profile

Show full profile
show sidebar