Reviews Write New Review
[email protected]
Peter Sauber, a Swiss entrepreneur known as the owner of various motorsports teams, has a net worth of $100 million. His net worth is a vital part of Sauber's career as the pursuit of owning a motorsport team requires a large amount of capital. He first became involved with automobiles as after taking a job as a car salesman in Switzerland. His connection to the motorsports industry is somewhat remarkable considering his Swiss roots, as at the time of his breaking into the industry car racing was banned in Switzerland in the wake of the Le Mans disaster of 1955. In 1991, Sauber broke into the world of Formula One, starting an F1 team with Harvey Postlethwaite's involvement. In 2005, Sauber's team was acquired by BMW, with Sauber retaining 20% ownership of the team. The new name of the team is BMW Sauber, and it went on to do pretty good things within the world of Formula One racing. Then in 2009, BMW announced its withdrawal from Formula One racing, and Sauber worked to keep the team going in the wake of the exit of its primary sponsor. After talk of another company buying the team, BMW ended up selling the team back in full to Peter Sauber.
News
Related Speakers View all
Peter Zemsky
Deputy Dean, INSEAD, France
|
|
Martin Wittig
Chief Executive Officer, Roland Berger Strategy Cons...
|
|
Matthew Wilnkler
Editor-in-Chief, Bloomberg News, USA
|
|
Axel Weber
Chairman of the Board of Directors, UBS, Switzerland
|
|
Chris Washburne
Trombonist and Professor, Columbia University, USA
|
|
Ignazio Visco
Ignazio Visco is an Italian economist and the curren...
|
|
Daniel Viederman
Chief Executive Officer, Verité, USA
|
|
Felipe Vergara
Co-Founder and Chief Executive Officer, Lumni, Peru
|
|
Daniel Vasella
Chairman of the Board, Novartis, Switzerland
|
|
Marc Van Ameringen
Executive Director GAIN (Global Alliance for Improve...
|
|
Hamish Tyrwhitt
Chief Executive Officer, Leighton Holdings, Australia
|
|
Donald Tusk
Former Prime Minister of Poland
|
|
Zola Tsotsi
Chairman, Eskom Holdings, South Africa
|
|
Alexandre Tombini
Governor of the Central Bank of Brazil
|
|
Alexander Stubb
Former Prime Minister of Finland
|
|
Jim Hagemann Snabe
Former Co-CEO of SAP AG; Board member of the World E...
|
|
Paul Singer
Founder & President of the Elliott Management Corpor...
|
|
Feike Sijbesma
Chief Executive Officer and Chairman of the Managing...
|
|
Jeff Shell
CEO of NBCUniversal; Former Chairman of Universal Fi...
|
|
Martin Senn
Group Chief Executive Officer, Zurich Insurance Grou...
|