Archive for November 27th, 2009

Formula One: BMW Deal burst, takes over Sauber

Posted 27 Nov 2009 - by DonDahlmann
Category F1

Sales of the BMW team to the alleged Arab investor Qadbak failed. Instead, the store will pass to Peter Sauber.

BMW F1.09 As at 15th September the message appeared that BMW shares in the Formula One team had sold his, the relief was felt though, but a certain skepticism remained. Because the name "Qadbak said" nobody's business and in the weeks after that none got out of who is actually behind the investment company. Supposedly wealthy Arabs, then again many Indians, then just any people with money. The General Sunday newspaper reported last weekend that only the empty frame of an investment company would be stuck behind Qadbak who could not afford the necessary guarantees. Apparently, BMW, or business representatives from BMW, can hide, because the store as quickly as possible would be going on. It was amazing enough that you have conjured up in just one month, a buyer out of the hat. This one also could draw such a top-class from the quiver, then what remarkable. But behind the scenes, all went well for her high.

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