Sauber: We will be in F1 for ‘many years to come’

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Peter Sauber is confident that his team will be in Formula One “for many years” despite the team reportedly needing $30m to make it to the end of the season.

Speaking to Swiss publication Blick, Sauber admitted that some investment was needed but he is confident that the money will be found.

“We will not only see out this season to the end, but we will still be in Formula One for many years,” Sauber explained. “I am convinced. The negotiations which we have been involved are close to reaching a conclusion. I’m convinced that we will succeed in getting a rescue.”

Sauber made no secret of how serious the situation was, but he rubbished reports stating that employees at Hinwil had not been paid.

“The situation is serious. It is one of the most difficult situations since I’ve been in motorsport,” the team boss explained.

“For many, we’ve been a very good and a very reliable partner for years. Obviously I’m sorry for any supplier who has had to wait for his money. We have not had to lay anyone off yet and have paid wages on time.”

Sauber’s optimism will sooth many fans of the team, and the fact that negotiations are ‘reaching a conclusion’ will please many in Formula One who are keen on seeing the team enter its twentieth year in F1 next season.

BMW confirms IMSA, WEC GTE line-ups for 2018

BMW Motorsport
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BMW has confirmed its driver line-ups for the 2018 IMSA WeatherTech SportsCar Championship and 2018/19 FIA World Endurance Championship campaigns.

In an announcement made at its end-of-year Sports Trophy event on Friday night, BMW firmed up its roster across its factory WEC team and its customer RLL Racing IMSA squad.

Two of the 2018 BMW M8 GTEs will enter the WEC next year, joining a hotly-contested GTE-Pro class that already features Ferrari, Porsche, Aston Martin and Ford.

BMW factory drivers Antonio Felix da Costa, Nick Catsburg, Augusto Farfus and Martin Tomczyk will share the two cars across the 13-month ‘super season’.

The quartet will be joined by Tom Blomqvist, Alexander Sims and Philipp Eng for the 24 Hours of Le Mans

In IMSA, the RLL Racing team will once again field Sims and John Edwards, who will be joined by the incoming Connor De Phillippi and Jesse Krohn.

BMW also confirmed on Friday night that Tom Blomqvist would see out the Formula E season with its Andretti-affiliated team, having been benched for Kamui Kobayashi in Hong Kong.