Sauber in crucial talks with investors to save team

Published on 06 Apr 2016 11:42

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)

Replies (7)
SE calle.itw 06 Apr 2016 12:170
Posts: 5636
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.
GB talktohenry 06 Apr 2016 13:210
Posts: 353
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
SE calle.itw 06 Apr 2016 16:500
Posts: 5636
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.
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.
US mcbhargav 06 Apr 2016 21:13+1
Posts: 727
Those 16m given to Van der garde would have been handy now.
NL mclarenfan1968 07 Apr 2016 03:040
Posts: 1015
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.
SE viktoraxel 07 Apr 2016 15:020
Posts: 7
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.

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