Russian Investors To Reportedly Put $499M Into Cash-Stricken Sauber F1 Team

The Sauber F1 team's debt of CHF 105M ($112M) "will soon be erased as its new Russian investors will invest" a reported CHF 470M ($499M) in the team, according to BLICK. So far, the Russians "have not paid one cent" -- the money "will arrive by the end of August at the earliest." The team's struc...

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