Sauber F1 Builds New Car For '17 Mercedes F1 Re-Signs Wolff, Lauda Neymar To Stand Trial In Spain Grupo Multimedios Acquires 50% Stake Russia World Cup Still Seeking Sponsors Franchise Notes Former MLB Player Acquires Tigres Mourinho Thinks £89M Will Soon 'Look Cheap' Mercedes Hires Allison As Technical Dir Sutton United Set For Bumper Payday
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/September 6, 2013/Franchises
Details Scarce About Sauber F1 Team's Trio Of Russian Investors
Published September 6, 2013
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
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.