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Sauber in crucial talks with investors to save team

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)

mcbhargav

Posts: 1,332

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

  • 1
  • Apr 6 2016 - 21:13
F1 News Felipe Nasr Marcus Ericsson Ferrari Sauber

Replies (7)

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  • calle.itw

    Posts: 8,527

    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
  • talktohenry

    Posts: 362

    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
    • calle.itw

      Posts: 8,527

      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
  • mcbhargav

    Posts: 1,332

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

    • + 1
    • Apr 6 2016 - 21:13
  • mclarenfan1968

    Posts: 1,027

    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

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Red Bull Racing
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2
Mercedes
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3
Ferrari
406
4
McLaren
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5
Aston Martin
280
6
Alpine F1
120
7
Williams
28
8
Alpha Tauri
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9
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Bahrain
29 - Mar 2 2024
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Formula 1 Calendar - 2024

Date
Grand Prix & Circuit
-
Bahrain Bahrain International Circuit
29 - Mar 2 2024
Bahrain Bahrain International Circuit
7 - Mar 9 2024
Saudi Arabia Jeddah Street Circuit
22 - Mar 24 2024
Australia Albert Park
5 - Apr 7 2024
Japan Circuit Suzuka
19 - Apr 21 2024
China Shanghai International Circuit
3 - May 5 2024
United States of America Miami International Autodrome
17 - May 19 2024
Italy Autodromo Enzo e Dino Ferrari
24 - May 26 2024
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Spain Circuit de Catalunya
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United Kingdom Silverstone
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Hungary Hungaroring
26 - Jul 28 2024
Belgium Spa-Francorchamps
23 - Aug 25 2024
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30 - Sep 1 2024
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20 - Sep 22 2024
Singapore Marina Bay Street Circuit
18 - Oct 20 2024
United States of America Circuit of the Americas
25 - Oct 27 2024
Mexico Autodromo Hermanos Rodriguez
1 - Nov 3 2024
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22 - Nov 24 2024
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United Arab Emirates Yas Marina Circuit
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Driver profile

BR Felipe Nasr -
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  • Country Brazil
  • Date of b. Aug 21 1992 (33)
  • Place of b. Brasilia, Brazil
  • Weight 68 kg
  • Length 1.75 m
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