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BmwF1Withdrawal

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    BMW reaches agreement to sell F1 team back to founder Peter Sauber     1259362920

    The future of Sauber F1 looks a little more secure. After BMW's announcement earlier this year that it would withdraw from its involvement in Formula one at the end of the 2009, the automaker has reached a deal to sell the team back to eponymous founder Peter Sauber. The new deal comes just ...

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    REPORT: Proton could take the reins from BMW Sauber, return Lotus to F1     1252324800

    Lotus Type 72 - Click above for high-res image gallery
    When BMW announced several weeks ago that it would be withdrawing from Formula One at the end of the 2009 season, the automaker left open the fate of the operations it bought from Peter Sauber. Since then, reports have indicated that the ...

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    BREAKING: BMW announces withdrawal from Formula One at end of 2009     1248870480

    BMW's Board of Management met this week and voted to to wind down its Formula One team at the end the of the 2009 series after just four seasons. According to a statement from BMW, the resources that had been expended on the company's F1 program will instead be re-directed to the "development of ...

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