Sauber has announced a major partnership with a trio of Russian companies that will secure the team’s long-term future in Formula 1. The companies involved are the Investment Corporation International Fund, the State Fund of Development
Peter Sauber has admitted the recent media coverage of his formula one team’s financial crisis is “extremely” hurtful. Amid rumours Nico Hulkenberg terminated his contract because he was not paid, team boss Monisha Kaltenborn admitted recently
Embattled Sauber could have its engine power switched off permanently on the day after the forthcoming Hungarian grand prix. Germany’s Die Welt newspaper reports that the Swiss team is now EUR 15 million behind in its
Jules Bianchi has emerged as a real contender to replace Ferrari’s Felipe Massa in 2014. In the wake of Brazilian Massa’s flow of crashes and spins dating back the Monaco grand prix almost two months ago,
The depths of Sauber’s financial problems are now beginning to emerge. The Swiss business newspaper Handeslzeitung reports that dozens of unpaid suppliers to the struggling Hinwil based team have filed claims, totalling almost EUR 1 million.
Fernando Alonso has given Ferrari an 8 out of 10 for the 2013 season so far. The Spaniard is trailing Red Bull’s Sebastian Vettel in the drivers’ championship by 34 points, while Ferrari has admitted it
Lewis Hamilton thinks Kimi Raikkonen should leap at the chance to join Red Bull in 2014. The Mercedes driver said Finn Raikkonen, who is currently weighing up between the move alongside Sebastian Vettel or staying at
Honda on Thursday announced it will base its formula one operations in the UK. After a six-year absence from the paddock, the Japanese carmaker is returning to the sport in 2015 as a supplier of works
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