BMW sells F1 team back to Peter Sauber

[f1reverb]

Full story . . .

http://www.autosport.com/news/report.php/id/80350

"BMW has agreed to sell its Formula 1 team back to Peter Sauber, on condition that the team receives an entry for 2010, after announcing it's original sale to Qadbak Investment Ltd. will not be completed.

The German car maker announced earlier this year it was pulling out of Formula 1, but said it had agreed a deal with Swiss company Qadbak, who was to run the team in the future.

BMW said on Friday however that the Qadbak deal would not be completed." . . .

[02fanatic]

Interesting...so does that mean BMW will continue to manufacture F1 engines? I thought they weren't going to when they pulled out of F1.

[f1reverb]

Interesting...so does that mean BMW will continue to manufacture F1 engines? I thought they weren't going to when they pulled out of F1.

The deal to use Ferrari was done earlier with the bogus buyers and Ferrari still says it's a deal. Sauber ran Ferrari engines before BMW bought 'em.

[TTyMiller]

So I can pull out my BMW Sauber jacket and wear it without folks telling me that BMW is not with Sauber anymore. I got so tired of hearing that!