Sauber F1 gets a new owner: Qadbak Investments
The BMW Sauber F1 Team has been saved! Now all they need to do is wait for FIA to get approval to extend the grid list to 28 cars and they’re good to go for the 2010 race year.
Swiss-based Qadbak Investments Ltd has purchased the Swiss-based Sauber F1 team for an undisclosed sum, though a number being mentioned is in the region of £70 million. Qadbak is a company that represents interests of a few unnamed Middle Eastern investors. Qadbak also recently took over Notts County, an English football club.
September 15, 2009 @ 11:54 pm
swiss over swiss, nice combo, hopefully bmw will still be supplying the engine components
September 16, 2009 @ 12:04 am
How to pronounce it? KordBack?
September 16, 2009 @ 12:16 am
i think cat-back. like cat back exhaust.
anyway, middle eastern investors huh? must be some rich oil tycoons.
September 16, 2009 @ 12:17 am
tom tom-bak pronounciation maybe..hahaha
September 16, 2009 @ 12:29 am
in simple words – Qadbak owned by Middle Eastern investors..
September 16, 2009 @ 2:33 am
It’s Cut-Back Investments. Lol
September 16, 2009 @ 6:13 am
Its not swiss taking over swiss. Its Arabs taking over swiss using swiss face.
September 16, 2009 @ 8:11 am
now what will happen to the supposingly spot given to the lotus team?
September 16, 2009 @ 8:16 am
now we have 1Malaysia F1 team, how about petronas?
September 16, 2009 @ 8:42 am
petronas should join the 1malaysia F1 team.
September 16, 2009 @ 8:47 am
petronas to sponsor brawn.
September 16, 2009 @ 8:59 am
The Petronas will starting using their Primax 95 in all F1 fleet car to convinced Malaysian about the 95 RON petrol.
September 16, 2009 @ 10:02 am
slowly the arabs are taking over everything…sign of resurgence maybe?
September 16, 2009 @ 10:06 am
no more BMW in F1… *sigh*
September 16, 2009 @ 10:13 am
wow.. 70 million for an F1 team.. thts actually quite a bargain… oh wait.. 70mil pound.. ok then its quite expensive :p
September 17, 2009 @ 11:17 am
sponsorship from malaysia petronas our state to remain or not and also to exit from the BMW Sauber
September 17, 2009 @ 3:32 pm
i don like Sauber team at all….!! Redbull better than them a lot!!