News Details
“We were never at risk of folding” - Kaltenborn
Sauber Team Principal Monisha Kaltenborn says that accounts of the team’s financial plight prior to securing Russian investment were exaggerated, and that the Hinwil-based outfit was never at risk of going bankrupt. In the days prior to announcing the deal, owner Peter Sauber had described the situation as "uncomfortable and embarrassing", and rumours abounded that driver Nico Hulkenberg had been released from the terms of his contract. However, Kaltenborn insists that the team was always confident of surviving, even if the arrangement had fallen through. “Because of the extent and scope of this deal, we knew it would take a while, so we didn't really get too depressed or...
Full Story »
Full Story »
12y ago from GPUpdate.net
0
You May Also Be Interested In...
Kaltenborn confident, relieved over Sauber bail-out
Monisha Kaltenborn has said that she's happy that Sauber F1's future has...
12y ago from Crash.net
Kaltenborn: We have not communicated everything but...
The headline grabbing Russian financial package was hailed as Sauber's...
12y ago from GrandPrix247.com
Questions arise over Sauber's Russian saviours
July 28th, 2013 (F1plus) The Russian deal was hailed as Sauber's saviour,...
12y ago from F1Plus.com
Sauber to keep control despite Russian deal
Sauber's new trio of Russian partners will put the financially-troubled...
12y ago from SuperSport.com
Elsewhere On The Network
Popular On MGPToday.com
Maverick Vinales undergoes shoulder surgery to remove...
No description available...
15h ago from Motorsport.com
Why Toprak Razgatlioglu isn’t satisfied with his...
No description available...
23h ago from Motorsport.com
Which MotoGP riders will be allowed to test the 2027...
No description available...
21h ago from Motorsport.com
Francesco Bagnaia just trying to "survive"...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
16h ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
1d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
3d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
19h ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
3d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
6d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Bids made: Arsenal & Liverpool trying to sign...
Palmeiras have reportedly rejected bids for exciting wonderkid Eduardo...
1h ago from CaughtOffside.com
Arsenal Women through to CL semis
Morning all. Let's start this morning with Arsenal Women who are through...
1h ago from Arseblog.com
Talks held: Real Madrid contacted over transfer that...
The Sandro Tonali transfer speculation continues as latest reports state...
3h ago from CaughtOffside.com
50 million move for Brazilian on the cards as Arsenal...
Atalanta midfielder Ederson Dos Santos has been linked with a move to the...
11h ago from CaughtOffside.com
Comments
Hottest News
Williams sack James Vowles, sign Christian Horner and...
As many expected, James Vowles has been given his... Read More »
1d ago from GrandPrix247.com
The weights of every F1 car in 2026
F1 teams were faced with a major challenge to get... Read More »
1h ago from RacingNews365.com
Gina Schumacher opens up on father in rare new doc
Apr.2 A rare and emotional insight into the life... Read More »
1h ago from OneStopStrategy.com
