Is Penske buying BMW Sauber to join F1 in 2010?

Printable View

26th November 2009, 16:06
Giuseppe F1

Is Penske buying BMW Sauber to join F1 in 2010?

http://en.f1-live.com/f1/en/headline...26163707.shtml

Sauber linked with US investors

26/11/09 16:37

With the Qadbak buyout reportedly in tatters, another investor is set to step in and rescue the Sauber team, according to Germany's Auto Motor und Sport......

.......The collapse of the Qadbak deal would explain the FIA's reluctance so far to grant Sauber the thirteenth guaranteed slot on the 2010 grid, vacated when Toyota announced its decision to leave formula one. But Auto Motor und Sport insists there is still hope for the Hinwil based team, in the form of American investors.

The report did not name the investors, but said they are "known" and would be welcomed into the paddock by Bernie Ecclestone, who is keen to bring the US back to his annual race calendar.

Source: GMM
© CAPSIS International
26th November 2009, 16:18
Chamoo

It seems like a big stretch from that article that Penske is coming. It could be any known American racer.

Why not Andretti Autosport? It has a rather european tone.
26th November 2009, 17:21
beachbum

How about US F1? They need a car.
26th November 2009, 17:45
Sonic

Quote:

Originally Posted by Chamoo

It seems like a big stretch from that article that Penske is coming. It could be any known American racer.

Why not Andretti Autosport? It has a rather european tone.

Indeed. There is nothing there to suggest Penske (unless you know something we don't). That said i 'd like to see a North American team get the job done next year.
26th November 2009, 17:47
Jag_Warrior

Penske? I'd like to see it. Love him or hate him, at least if he was involved, you know it would be done right from stem to stern.
26th November 2009, 18:32
Dr. Krogshöj

Quote:

Originally Posted by beachbum

How about US F1? They need a car.

If they do, they can probably buy the design of the 2010 Toyota for considerably less money, I suppose.
26th November 2009, 19:36
Chamoo

Quote:

Originally Posted by Dr. Krogshöj

If they do, they can probably buy the design of the 2010 Toyota for considerably less money, I suppose.

I believe Lotus already has the inside line on that one.
26th November 2009, 19:39
anthonyvop

Quote:

Originally Posted by Dr. Krogshöj

If they do, they can probably buy the design of the 2010 Toyota for considerably less money, I suppose.

You know that BMW already has a car on the drawing board.
26th November 2009, 20:09
Hondo

Quote:

Originally Posted by Jag_Warrior

Penske? I'd like to see it. Love him or hate him, at least if he was involved, you know it would be done right from stem to stern.

That's why you won't see Penske in F1. After all the CART-IRL garbage, why would he want the headache of FIA-F1's full time bickering, bitching, whining, and rule changing?
26th November 2009, 20:24
Shifter

It should be noted that Penske did just shut down their sports car program entirely, so that leaves them only IRL and Nascar...A successful team in a weak motorsport and a weak team in a strong motorsport. Furthermore Penske backed out of the Saturn deal. I wouldn't be entirely shocked if all this was to free up capital for F1.
26th November 2009, 22:38
Saint Devote

Quote:

Originally Posted by Giuseppe F1

http://en.f1-live.com/f1/en/headline...26163707.shtml

Sauber linked with US investors

26/11/09 16:37

With the Qadbak buyout reportedly in tatters, another investor is set to step in and rescue the Sauber team, according to Germany's Auto Motor und Sport......

.......The collapse of the Qadbak deal would explain the FIA's reluctance so far to grant Sauber the thirteenth guaranteed slot on the 2010 grid, vacated when Toyota announced its decision to leave formula one. But Auto Motor und Sport insists there is still hope for the Hinwil based team, in the form of American investors.

The report did not name the investors, but said they are "known" and would be welcomed into the paddock by Bernie Ecclestone, who is keen to bring the US back to his annual race calendar.

Source: GMM
© CAPSIS International

It will not be any Americn racing team, they are not wealthy enough - money from the US as "investors" will come from the same source as CVC, US financial market investors, if this story is true.
26th November 2009, 22:40
Dr. Krogshöj

Quote:

Originally Posted by anthonyvop

You know that BMW already has a car on the drawing board.

They obviously do, and probably have started manufacturing as well, but so has Toyota. And they are selling just the design, not an entire team, and that ought to be cheaper.
26th November 2009, 23:51
Chamoo

Quote:

Originally Posted by Shifter

Furthermore Penske backed out of the Saturn deal. I wouldn't be entirely shocked if all this was to free up capital for F1.

The reason Penske shut down the Grand-Am program is because Penske stopped paying him to run Grand-Am. He also needed the men who ran the Grand-Am team to move over to the third IRL car for Will Power.
27th November 2009, 17:48
bblocker68

Peter Sauber bought back the BMW share of his team. No Penske.