>


Advertisement
Rumors
Rumor Rating Description
A rumor rated as 'speculation' is one that has no supporting information
A rumor rated as 'strong' is one where we received information from more than one source.
A rumor rated as 'fact' is one that has proven to be true
A rumor rated as 'false' is one that has proven to be false based on new information
These rumors are just that, RUMORS, and are not to be taken as 'fact' unless so noted.  Please visit our Hot News page for news.  If you have a rumor, or can supply more information about one listed here, e-mail us with as much supporting information as possible and we may post it. User Agreement and Disclaimer. Newer rumors supersede older ones of the same topic.  Go to our forums to discuss any rumor.
for your iPhone
for your iPad

2015 IndyCar Silly Season Page | 2015 F1 Silly Season Page

Go to our forums to discuss this news
DATE News (chronologically)
07/29/09
f1
Will Sauber rescue BMW team? UPDATE (GMM)  The FOTA group on Wednesday said it will support moves for the Hinwil based team to continue in formula one following BMW's decision to withdraw from the sport.

"FOTA teams have immediately consulted each other and are ready to assure all the necessary support to the Swiss based team, whose membership in the association is confirmed, to continue its involvement in F1," said the teams association's secretary general Simone Perillo.

In the same statement, it was revealed that one possible FOTA initiative is the introduction of an additional car per team.

Not even three hours after BMW's shock announcement from Munich, it is already rumored that founder and 20 per cent shareholder Peter Sauber, or the Spanish outfit Epsilon Euskadi, could now step in to run the team.

German driver Nick Heidfeld admitted the news caught him completely by surprise.

"I'm not going to lose sight of my ambition to reach the top in formula one," he said.  We'll now be looking at various options under these changed circumstances." (See related story)

07/29/09 BMW said possible redundancies both in Munich and at the BMW-Sauber team's Hinwil base in Switzerland "cannot be quantified at present", but it is already rumored that minority shareholder and founder Peter Sauber may step in and keep the team in operation.

"Since we only made this decision yesterday, we cannot provide any more precise information," said development board member Dr Klaus Draeger.

"We will develop and assess various scenarios and do our best to find a solution for the employees," he added.  "We are aware of the responsibility we shoulder and will inform the staff as soon as we can make a clear statement."

Rumors Archives
2000 2001 2002 2003
2004200520062007
2008200920102011
2012201320142015

Search Rumors
Search Help

Banner 10000012