Wanda Group Eyes Stake In AC Milan Bitburger Unhappy With FIFA Decision Bundesliga Increases Betting Income Cycling Race Forced To Withdraw Poster FIVB Partners With Red Bull Joint Venture Media Notes Eurosport Reveals MotoGP Coverage Plans Winter Football Could Boost TV Revenue Russell Crowe Tweets Interest In Leeds Greece Suspends Professional Football
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
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.