Peter Sauber is working on a rescue plan for BMW

Sauber team principal, Peter Sauber, appears to be alongside BMW Motorsport director Mario Theissen to find a rescue plan for the BMW-Sauber team. The German manufacturer has decided to withdraw from the sport at the end of the season.

A Sauber spokesperson stated that the 65-year-old Swiss is considering all options to achieve a positive result with the team.

Sauber, who sold the BMW team in 2005 after 25 years of being a race car manufacturer in F1, briefly explained during a press briefing in Switzerland that he had vowed to do everything he could to save the jobs of his former employees.

« I will do everything humanly possible, » declared Sauber via the website of Bild. « I can’t work miracles and I don’t want to be a team leader again. »

« The problem is that the time frame is short and we need to find a solution quickly. »

It is a situation similar to that encountered by Honda since Ross Brawn and Nick Fry set to work to create Brawn GP.

« I told all my employees that I will use all my contacts, but I cannot guarantee anything. I am an advisor to BMW, but only they can decide the course of events. »

Sauber stated in a press conference that investment offers have already been received for a potential rescue and that they have been passed on to BMW.

« The best solution would be one like Ross Brawn and Nick Fry with Honda. You need at least ten years to build a team capable of producing a F1 car of the required standard. »

Sauber, which retains a 20% stake in the team, remains confident because a solution could be found to keep the Hinwil team in F1: « I have to admit that, in my 17 years of career in F1, I have solved even bigger problems. »