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Ecclestone unable to bail out Sauber

ESPN Staff
July 11, 2013 « Ferrari won't rush second driver choice | Honda to have Milton Keynes base »
Sauber is "going through a difficult time" according to Monisha Kaltenborn © Sutton Images

Bernie Ecclestone says he is unable to help Sauber out of its current financial situation as he must "treat all the teams equally".

Sauber team principal Monisha Kaltenborn admitted in Germany that the team is "going through a difficult time" financially, but was hopeful of some outside investment soon. Ecclestone said he would not be able to come to the team's aid if required but believes the team will not be short of potential buyers.

"We have agreements that require us to treat all the teams equally," Ecclestone told SRF. "They're a good team and I'm sure there is more than one possible buyer. I don't want to imagine F1 without Sauber.

"Ideally, they will find new sponsors in the long term, but even companies who are willing to support them in the short term would be fine. The team deserves to be helped. I don't know exactly what their financial situation is, but I know it's not as good as it should be."

Ecclestone added that Sauber is not the only team he is aware of that is struggling financially.

"There are others that are spending more money than they have."