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BMW Sauber's hopes of staying on the grid next season received a boost on Tuesday after BMW confirmed it has reached agreement on the sale of the team. The German car maker is pulling out of Formula One racing at the end of 2009.Qadbak Investments Ltd, a Swiss-based foundation which represents the interests of certain Middle East and European based families, has agreed to purchase the Swiss squad...
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BMW Sauber's hopes of staying on the grid next season received a boost on Tuesday after BMW confirmed it has reached agreement on the sale of the team. The German car maker is pulling out of Formula One racing at the end of 2009.Qadbak Investments Ltd, a Swiss-based foundation which represents the interests of certain Middle East and European based families, has agreed to purchase the Swiss squad...
More...