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#143293
F1 live:
German car manufacturer BMW recently announced its surprise decision to quit Formula One at the conclusion of the 2009 season, but its team will nonetheless continue with the development work on this year's car for the time being.

"Clearly we're all disappointed about the decision to withdraw from Formula One," BMW Motorsport Director Mario Theissen declared. "The team had established itself at the top in just three years and we would love to have shown that the poor results we've had this season were just a blip. Now our work is focusing on the next few months."

The reasoning for pushing forward with the F1.09 stems from the desire to provide an interesting package to potential buyers of the BMW Sauber team, Theissen explained.

"While efforts are continuing behind the scenes to find a solution for the team, everybody is aware that putting in good performances at the circuits is the best way to advertise their abilities," he stated.

Following that plan, upgrades will be fitted to the cars handled by Nick Heidfeld and Robert Kubica ahead of the next two rounds, as team boss Theissen wants BMW to end its F1 foray on a higher note.

The BMW Sauber team scored points on only three of the ten races completed so far this season, with seven more to come, and currently stands eighth in the constructors's rankings.
Last year the team finished in third place, and had led both the constructors' and driver's standings at one point.

"We want to get back into the fast lane," Theissen insisted, "and so the development packages for Valencia and Singapore will be put into practice as planned."

Willy Rampf, BMW Sauber's Head of Engineering, indicated that team engineers have again been working hard on the F1.09's bodywork: "We will bring a development package to Valencia headed by numerous aerodynamic parts."

However, some reports have suggested that BMW will cease its development spending by late September.

Peter Sauber, who still holds 20% ownership of his former team, saw his buyout offer refused by BMW's board of directors after attempting a Brawn-style management takeover nearly two weeks ago. The Swiss had declared BMW's asking price too high.

Theissen said at the time: "The aim now is, over the coming weeks, to find a solution together with potential interested parties and Peter Sauber."



Well, at least they haven't given up completely (yet).
#144036
F1 live:
The Swiss based team currently known as BMW-Sauber has lodged an application for the thirteenth and final spot on the 2010 grid.

Even though the outfit is currently an active competitor, initial attempts to secure the team's future failed following news that majority owner BMW is pulling out at the end of the season.

Peter Sauber's failed takeover meant the Hinwil based team could not meet the deadline to sign up for the new Concorde Agreement.

As a result, the FIA re-opened the selection process so that new teams, such as Epsilon Euskadi and Prodrive, may apply to fill BMW-Sauber's spot in next year's world championship.

However, without the rights afforded by the Concorde Agreement, and without even an official entry for the 2010 championship, BMW-Sauber's chances of finding a buyer would be almost nil.

Therefore, according to Germany's Auto Motor und Sport, it emerges that the team actually met the Monday (17 August) deadline imposed by the FIA to lodge an application for the thirteenth team entry.

The magazine also said simply closing the team is an option for BMW, unlike Honda, who handed over the now Brawn team for a symbolic 1 British pound in order to avoid a huge bill in staff redundancy payouts.

According to Swiss labour laws, however, BMW would reportedly not be similarly liable.
#144047
I wonder why BMW didn't sell the team to Peter Sauber for a nominal amount of money. If they simply close down the team they aren't going to make any money back for the team. I simply don't understand BMW's logic, now it's likely the Sauber name will fade away as the team no longer have a pre-existing entrance into the 2010 championship!
By Brandz
#149284
Whats going on about it, surely there needs to be a decision over whether bmw will continue in another form or a new team granted entry because the new team would need to make a car...

Im guessing that the FIA must have made a private decision and contacted a team or whatever...
User avatar
By scotty
#149361
Well, since BMW pulled out, I've been rooting for a "Sauber GP" with the old livery. :D


I'm guessing you mean the blue/green one, i always thought this was pretty striking though :twisted::)

Image
#149373
Well, since BMW pulled out, I've been rooting for a "Sauber GP" with the old livery. :D


I'm guessing you mean the blue/green one
, i always thought this was pretty striking though :twisted::)

Image

Guessed right. :yes:

Image
User avatar
By scotty
#149377
^^^ Still a good looking livery! :thumbup:
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