F1 News, Reports and Race Results

Sauber restructures ownership as Alfa Romeo closes in

X (Twitter)X (Twitter)
FacebookFacebook
WhatsappWhatsapp

Sauber's latest change of ownership could be indicative of a full take-over by Alfa Romeo at some point down the road.

The Swiss outfit strengthened its ties with Ferrari at the end of last year with a commercial partnership with Alfa Romeo and a new engine supply deal with the Scuderia.

Recently, Sauber technical boss Jorg Zander was replaced by ex-Ferrari man and chief designer Simone Resta.

All signs point to an increased collaboration and rapprochement between Hinwil and Maranello, but a recent change of ownership at Sauber could be construed as the precursor to a buy-out of the team by the Alfa Romeo brand.

For the past two years, Sauber has been owned by an investment company known as Longbow Finance.

However, according to Swiss weekly Handelszeitung a change of shareholders has just taken place, with a company called Islero Investments now assuming ownership of Sauber.

"Islero Investments has taken over the position of Longbow Finance," confirmed Longbow's boss Pascal Picci.

Handelszeitung also reported that a delegation of Sauber staff is scheduled to visit Ferrari's Maranello headquarters, hence the Alfa take-over speculation.

Picci insisted however that "Sauber will remain independent for the foreseeable future."

Gallery: The beautiful wives and girlfriends of F1 drivers

Keep up to date with all the F1 news via Facebook and Twitter

Michael Delaney

Recent Posts

Mexican Grand Prix on the verge of new contract with F1

The Mexican Grand Prix is on the verge of securing its future on Formula 1…

2 hours ago

Chandhok calls out ‘master politician’ Horner’s wind tunnel excuses

Red Bull’s rocky start to the 2025 F1 season has led to a flurry of…

3 hours ago

Insider Marc Gene reveals Hamilton’s real impact at Ferrari

Lewis Hamilton’s much-anticipated move to Ferrari in 2025 was supposed to mark a triumphant new…

4 hours ago

Beltoise's one-off masterclass and 'Jour de Gloire'

One-time Grand Prix winner Jean-Pierre Beltoise was born on this day in 1937. The late…

6 hours ago

Brown back in the fast lane at Paul Ricard

While his F1 team takes a breather, McLaren Racing boss Zak Brown is chasing his…

7 hours ago

Bortoleto : ‘Nothing much I can do – just learn, grow and be patient’

Gabriel Bortoleto has confessed that his transition from dominating in Formula 2 and Formula 3…

8 hours ago