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Indian group keen to buy BMW Sauber F1 team: Report

Last Updated: Saturday, September 5, 2009, 14:37

An Indian consortium has applied to buy BMW-Sauber, which is seeking new backers after German carmaker BMW said it was pulling out of Formula One at the end of the season, domestic media reported on Saturday.

Another jolt for F1 as BMW quits

Last Updated: Wednesday, July 29, 2009, 22:00

After Japanese car giant Honda, German manufacturer BMW is all set to become the second team to quit the Formula One circuit.

FIA saddened but not surprised by BMW exit

Last Updated: Wednesday, July 29, 2009, 15:54

Formula One`s governing body expressed regret but no surprise at BMW`s shock exit from the sport and hoped a cost-cutting campaign would prevent any more manufacturers from pulling out.