is solution is in the best interest of our employees, partners, loyal suppliers, the base in Hinwil and for the Swiss motorsport. We are very grateful that Longbow Finance S.A. believes in the competences, efficiency and capabilitie

Sauber has secured its future in Formula One by confirming its sale to Swiss investors, which will keep the team on the grid following recent financial troubles.There have been months of speculation about new investors coming on board at Sauber, with the team confirming on Wednesday that Longbow Finance S.A has taken over. The deal will have no bearing on the company or the teams name, though it does result in founder Peter Sauber retiring from all functions.Monisha Kaltenborn will stay on as team principal and CEO while Saubers place on the board as chairman is taken by Longbow Finances Pascal Picci.Sauber, who originally formed the team in 1993, said: Monisha Kaltenborn and I yesterday signed an agreement which secures the future of the Formula One Team and the Sauber Group. I am very happy that my courageous investment to buy the team back, which I made six years ago, with the intention to secure the base in Hinwil and the place in Formula One has proved to be correct.Saubers financial struggles have been no secret in recent months, with the team making late payments to its employees earlier this season. Team boss Kaltenborn hopes Wednesdays announcement is the catalyst for a return to form for the Swiss team.We are very pleased that by reaching an agreement with Longbow Finance S.A., we can secure the future of Sauber at the pinnacle of motorsport, Kaltenborn said. We are convinced that Longbow Finance S.A. is the perfect partner to again make the team competitive and successful in Formula One.At the same time the new structure will allow us to finally further expand our third party business in which we commercialise our know-how. This solution is in the best interest of our employees, partners, loyal suppliers, the base in Hinwil and for the Swiss motorsport. We are very grateful that Longbow Finance S.A. believes in the competences, efficiency and capabilities of Sauber Group, and we look forward to a new exciting future. Fake Jordan Outlet . Rinne played two periods in his first game since left hip surgery in early May. Gabriel Bourque scored 3:07 into the second period and Austin Watson tallied 5:15 later for Nashville. Cheap Fake Air Max 95 . Manuel was offered a position the day he was fired. He accepted earlier this week and the team made the announcement Friday. http://www.fakejordancheap.com/wholesale-vans-china.html . "I wrote 36 on my sheet at the beginning of the game," the Cincinnati coach said, referring the yard line the ball would need to be snapped from. Air Max 270 China . Ouellette, from Montreal, already has three Olympic gold medals since joining the team in 1999. Wholesale Yeezy 350 China . -- If Henry Burris has his way, he will be the starting quarterback to lead the Hamilton Tiger-Cats back to the Grey Cup next year. AFL icon Leigh Matthews will present the Jock McHale medal to this years premiership coach.AFL boss Gillon McLachlan launched the finals series in Melbourne on Wednesday, announcing Matthews and Shannon Grant will play big roles at the grand final.Grant will present the Norm Smith medal, awarded to the played judged best on ground in the premiership decider.Grant, who played a total of 301 AFL games, won the 1999 Norm Smith when he kicked four goals in North Melbournes 35-point win over Carlton.Matthews, named among the inaugural legends in the AFLs Hall of Fame, won four VFL flags as a player with Hawthorn then lifted a further four cups as coach.Sydney coach John Longmire will formally hand over the Coleman medal to West Coast forward Josh Kennnedy at Thursdays All Australian awards, while former Swan Michael OLoughlin has been named cup ambassador.ddddddddddddeanwhile, the league is reintroducing the Edwin Wilson shield as a perpetual trophy.The shield hasnt been used in almost 40 years, with VFL administrators ending the tradition in 1979 because there was no room left.The AFL has dusted it off, enlarged the award and it will now be presented annually along with the premiership cup.It will stay in a prominent position at AFL house .. and celebrate a great contribution to our game, McLachlan said,Itll be a great addition to the chase for premiership glory. ' ' '