Glazers To Sell 8 Million ManU Shares DGV Interested In Hosting '22 Ryder Cup Official Calls For Disbandment Of NLB ARD, ZDF Considering TdF Comeback Odey Rejects BSkyB Offer For German Sky Racing Majority Shareholder Sells Stake Caterham F1 Team To Take Legal Action Emirates Airline Signs Deal With Benfica Scottish Rangers Chair Denies Sale Plans Belkin Cycling Partners With Dutch Lotto
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/September 6, 2013/Franchises
Details Scarce About Sauber F1 Team's Trio Of Russian Investors
Published September 6, 2013
IN THE DRIVER’S SEAT: Incidentally, NIAT’s head, Oleg Sirotkin, is the father of aspiring F1 driver Sergei Sirotkin, a promising young Russian driver recently signed by Sauber for next season. When contacted, Sirotkin Sr. refused to comment. The two investment funds did not respond to SBD Global’s requests for comment. Both investment funds are known for work on projects bankrolled by the Russian government. However, Russia’s sports ministry has repeatedly said it had no intention of pumping state cash into F1, which should be funded by the private sector. Russia’s inaugural F1 race is scheduled to be held next year in the Black Sea resort town of Sochi, which also hosts the 2014 Winter Olympics.
Vladimir Kozlov is a writer in Moscow.