F1 News, Views and Reviews

BMW Gets A Buyer, And 2010 Grid Slot Likely

BMW Sauber have announced this morning that they have found a buyer for their Formula One team.

Qadbak International are a Swiss based foundation representing the interests of several wealthy Middle Eastern and European families, and are headed up by a Lionel Fischer.

They have purchased the team outright, and are looking forward to starting their challenge.

“A strong investor has therefore been found for the Hinwil-based team,” BMW said in a statement.

“Qadbak’s interest in the team will be represented by Lionel Fischer, a Swiss national. BMW wishes Qadbak and the Sauber Team every success for the 2010 season and beyond.”

The only issues thus far for Qadbak is that the final grid slot, previously home to the BMW team has been filled with Team Lotus.  However, the FIA are now considering adjusting the rules to allow for 28 cars [16 teams], or perhaps they will fill Renault’s place if they are thrown out of the World Championship over the Crash-Gate scandal.

Nevertheless Qadbak, and BMW are sure their team will line up for 2010.

“We are pleased to confirm that the FIA has indicated that we may have a place in the 2010 Formula One World Championship.  The team expects to line up on the grid for the first race of the 2010 season.” Said a team statement.


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