BMW still working on F1 team rescue deal

While the F1 world focused on Michael Schumacher's near-comeback, BMW reportedly kept working on trying to rescue its Swiss based Grand Prix team. The Munich manufacturer's decision to pull out of the sport at the end of the season roughly ...

While the F1 world focused on Michael Schumacher's near-comeback, BMW reportedly kept working on trying to rescue its Swiss based Grand Prix team.

The Munich manufacturer's decision to pull out of the sport at the end of the season roughly coincided with Schumacher's abortive decision to replace Felipe Massa, and it was the latter topic that dominated the headlines of the last two weeks.

It was known that team founder and minor shareholder Peter Sauber's attempt to resume control of the Hinwil outfit failed, and thereafter very little was heard about the BMW issue.

Citing insider information, however, Germany's Auto Motor und Sport claims that negotiations between BMW and prospective rescuers have since continued.

The magazine said "several prospective" buyers are in the frame. The BMW insider did not want to give a precise number.

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About this article
Series Formula 1
Drivers Michael Schumacher , Felipe Massa , Peter Sauber
Teams Sauber