Formula One: Bernie Ecclestone won’t help Sauber

Bernie Ecclestone wont help Sauber team

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Bernie Ecclestone has said he hopes Sauber can recover from their current financial problems but insists he cannot bail them out.

The Swiss team have had a poor year both on and off the track and are currently struggling to pay their suppliers.

Sauber are currently eighth in the Constructors’ Championship but founder and owner Peter Sauber admits he may sell the company, much like he did back with BMW in 2005.

Sauber has admitted the situation is “embarrassing” and rumours suggest several parties are interested in a buyout, including Chelsea owner Roman Abramovich.

Ecclestone is adamant he can’t help out Sauber but is confident that they will find a buyer in the near future.

“We have agreements that require us to treat all the teams equally.

They’re a good team and I’m sure there is more than one possible buyer,” said Ecclestone.

“I don’t want to imagine F1 without Sauber. Ideally, they will find new sponsors in the long term. Even companies who are willing to support them in the short term would be fine. The team deserves to be helped.”

 

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