Wednesday, September 10, 2014

Sauber to be bought by Billionaire?

Sauber News:

Recent news has surfaced after the Italian GP that Sauber F1 Team is possibly being sold to Canadian Billionaire, Lawrence Stroll.

The 55-year-old is involved in both Motorsports and Fashion, owning the Circuit Mont-Tremblant in Canada and also holding shares to world-wide designer label, Michael Kors. Rumour is he's trying to sell those shares.

While he's ranked 816 on the list of worlds richest men, it has not been confirmed he is actually buying the Swiss team. Sauber's recent struggles have a lot of people wondering if the team will go under new ownership, but no confirmed news has been anounced yet.

More to come.
Article Written By: Amy Hawk
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