What will become of BMW Sauber?

September 16, 2009

Mario Theissen, CEO of BMW Sauber with the author (centre) in happier times

Mario Theissen (left), CEO of BMW Sauber with the author (centre) in happier times

BMW announced yesterday that Qadbak Investments had agreed to purchase the BMW Sauber Team. The announcement described the team’s new owner as a ‘Swiss-based foundation which represents the interests of certain Middle East and European based families’. I guess it will become clearer over time as to who these Middle East and European based families are (not the Quandt’s I assume). However the question remains as to what is being bought and to what end. Is this a potential investment with the investor buying the team at a knock-down price and looking to sell on the team should it be eventually granted a place on the F1 grid (which is by no means certain), or is this a serious commitment to take the operation forward. Time will tell.

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