BMW Sells F1 Team![]() The famous BMW logo will be missing from the grid next year BMW has sold its Formula 1 BMW Sauber racing team to Qadbak Investments. The car giant confirmed on Tuesday. Qadbak Investments is a Swiss-based group representing Middle Eastern interests, so we might have a team from that part of the world in future F1 perhaps? BMW Sauber announced earlier in July that it was quitting the sport at the end of the season. BMW sold it’s Formula One team citing great financial difficulties, following in the footsteps of Honda who quit at the beginning of 2009. Posted September 17th, 2009 in Constructors by unclesha. |
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