News Details
Strong Swiss Franc threatens Sauber's Future
The supercharged nature of Switzerland's currency, the Swiss Franc, is having threatening Sauber's ability to remain on the F1 grid. Given Swiss neutrality to EU legislation (as a non EU member) and a taxation system encouraging corporate domicile, during times of economic turbulence the Swiss Franc is perceived as a safe investment, the impact of which leads to a disproportionately strong currency, which put simply means the value of finance coming into a company such as the Sauber F1 team from sources outside of country has been increasingly diminished. Speaking in the FIA Team Press Conference at the Russian Grand Prix yesterday Team representative Beat Zehinder commented: 'A simple...
Full Story »
Full Story »
9y ago from JWGrandPrix.com
0
You May Also Be Interested In...
Carlos vs. Max STR factory sprint challenge
The toughest STR challenge so far? Did Max take a short cut….???...
9y ago from JWGrandPrix.com
Your name on an F1 Car #LetsRaceTogetherContest
Ok, so I'm a couple of weeks late to this but I just came across the...
9y ago from JWGrandPrix.com
BGF1 hits the road
Online Casino Betsafe have launched their 2016 Gumball Rally 3000...
9y ago from JWGrandPrix.com
Red Bull Racing renew Pepe Jeans London partnership
Red Bull Racing have announced the renewal of their partnership with Pepe...
9y ago from JWGrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Aleix Espargaro hospitalised after crash in Sepang...
No description available...
11h ago from Motorsport.com
Pedro Acosta says teaming up with Marc Marquez would...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
5h ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
5h ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
1d ago from MotorsportWeek.c...
IndyCar: A closer look at Mick Schumacher's true pace
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai brings updates to WRC Rally Croatia, but will...
No description available...
4h ago from Motorsport.com
Motorsport Week is hiring – Rally and Sportscar...
Motorsport Media Services are looking to expand its coverage, and in...
22h ago from MotorsportWeek.c...
How Takamoto Katsuta’s maiden WRC win is impacting...
No description available...
1d ago from Motorsport.com
Hyundai continues to honour Craig Breen's memory
Hyundai Shell Mobis World Rally Team will run a special livery at this...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Liverpool eye long-term attacking solution with move...
Christian Kofane could be on the move during the summer transfer window,...
50m ago from CaughtOffside.com
Arsenal, Chelsea & Man United want one of PL's...
Morgan Rogers has been linked with a move away from Aston Villa at the end...
2h ago from CaughtOffside.com
'Might need someone like him to lean on' - Rio...
Manchester United legend Rio Ferdinand believes Max Dowman will be a key...
2h ago from SportsKeeda.com
Manchester United handed boost as Arsenal ready to...
Manchester United has reportedly been handed a boost in their pursuit of...
2h ago from SportsKeeda.com
Comments
Hottest News
Another Red Bull F1 chief could be about to follow GP out...
A Red Bull F1 chief could also follow Gianpiero... Read More »
1h ago from GPFans.com
In F1 size matters, so why are so many 2026 cars so...
As F1 2026 takes a break following the... Read More »
2h ago from GPFans.com
FIA, manufacturers open ‘constructive dialogue’ on F1...
In the wake of a turbulent start to the 2026... Read More »
2h ago from F1i.com
