2
Sauber is reportedly on the cusp of being sold. We reported earlier that amid a troubled campaign for the financially struggling Swiss team, the 300 staff at Hinwil have now been paid for May and June. "We are in the process of a comprehensive solution," confirmed team boss and co-owner Monisha Kaltenborn, speaking to Blick newspaper.
Team driver Felipe Nasr, who was believed to be losing patience with Sauber and could be looking to take his major backer Banco do Brasil elsewhere, welcomed the news. "I'm still fully committed to the team I'm pretty sure," he said in Austria. "The situation seems to have got better from what I hear. Getting all the salaries paid gives a boost to everyone back at the factory, at the track. I'm sure we can soon start updating the car," Nasr added.
It is believed that, earlier this week, Sauber staff were told at the team's Swiss base that their newly-paid salaries are part of a rescue plan for the team. Germany's Auto Motor und Sport claims the plan comes in the form of an international group of investors who will buy a majority stake in Sauber, writing off debts and committing for the future. The report said the new owners intend to keep Sauber's existing management throughout a transitional phase. (GMM)
Grand Prix of BelgiumLocal time
Grand Prix of BelgiumLocal time
Bahrain International Circuit - Winter testing
M. Verstappen
C. Sainz jr
C. Leclerc
Bahrain
United Arab Emirates
Bahrain
Bahrain International Circuit
Bahrain
Bahrain International Circuit
Saudi Arabia
Jeddah Street Circuit
Australia
Albert Park
Japan
Circuit Suzuka
United States of America
Miami International Autodrome
Monaco
Monte Carlo
Canada
Gilles Villeneuve
Spain
Circuit de Catalunya
Austria
Red Bull Ring
United Kingdom
Silverstone
Hungary
Hungaroring
Belgium
Spa-Francorchamps
Netherlands
Circuit Zandvoort
Italy
Monza
Azerbaijan
Baku City Circuit
Singapore
Marina Bay Street Circuit
United States of America
Circuit of the Americas
Mexico
Autodromo Hermanos Rodriguez
Brazil
Interlagos
United States of America
Las Vegas Street Circuit
United Arab Emirates
Yas Marina Circuit
United Arab Emirates
Yas Marina Circuit
0 members have this team as their favourite
Tweets about Felipe Nasr 114,488 comments on Sauber 5 members have this team as their favourite Tweets about Sauber
Replies (2)
Login to replymclarenfan1968
Posts: 1,027
Without kicking out and exterminating Monisha the parasite with fire there is no hope for any investor
HawkerMason
Posts: 1
This is excellent news. It's been sad and embarrassing to see a name with the longevity of Sauber barely notable and almost forgotten at the back of the grid!