F1 » Sauber rescue deal looking increasingly uncertain


With key signatures still missing from its agreement with supposed Russian saviours, Sauber's future remains shaky ahead of next weekend's Belgian Grand Prix.

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FrozenCandle

August 13, 2013 7:59 AM

It's bad news for Sauber, and I feel for the employees whose futures remain uncertain - but could Formula 1 really afford to become a series that teenage drivers can buy straight into? I think if this deal had gone ahead and Sirotkin was on the grid for 2014 it would've been a major embarrassment for what is supposed to be the elite motorsport category of the world.

I feel bad for rejoicing in the news, but the integrity of this sport is more important than one teams' budget.

Taz

August 13, 2013 8:45 AM

Read in an article a little while back that Kaltenborn said the financial difficulty articles were completely wrong while it was public knowledge in Switzerland that companies are applying for winding up orders against Sauber.

It would be a huge shame if they disappear but everytime Peter Sauber steps away things fall apart and Kaltenborn is far from convincing.

If the debt figures are true I'm afraid Sauber are in deep trouble and urgently need a cash injection.

Jim Clausen

August 13, 2013 1:39 PM

A few weeks ago someone commented that tires were free to teams. The supposition was that the FIA contracted with and paid the tire supplier to supply tires to the teams. This article should dispel that notion.

If only those with actual knowledge of the subject were allowed to post, Crash would probably be out of business.

joat

August 13, 2013 1:49 PM

The old adage "if its too good to be true- it probably is" struck at the back of my mind. Its not good news to say the least, mostly all those employed. F1 has become a cut-throat commercial jungle. What amazes me is Putin being involved. The stroke of a pen is all it needs. Sadly its the lack of that stroke.

NeilJ

August 13, 2013 2:24 PM

Really not liking the way this seems to be going... Russian deal happening looks less than great for the team, but the deal falling through looks worse.

And if Sauber are in trouble... what about Caterham and Marussia? The latter in particular always struck me as less secure.

Extremely worrying.

Oh, and whenever I see the words 'Colin Kolles' I feel immeasurably sorry for whichever team he's being linked to.

Taz

August 13, 2013 3:19 PM

@Thepain

Gutierrez is a pay driver and judging by the amounts owed you'd need a driver like Pastor who's sponsorship brings in 45 million to Williams to make a dent in the debts.

If these figures are true then the team is effectively trading while insolvent, doubt if the drivers you suggested would bring in the money required to save Sauber and Nico is better than Bruno.

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