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With the Qadbak buyout reportedly in tatters, another investor is set to
step in and rescue the Sauber team, according to Germany’s Auto Motor und
Sport.
It was reported this week that, in the wake of BMW’s withdrawal from F1,
the Qadbak takeover was the poorly funded brainchild of convicted fraudster
Russell King.
The collapse of the Qadbak deal would explain the FIA’s reluctance so far
to grant Sauber the thirteenth guaranteed slot on the 2010 grid, vacated
when Toyota announced its decision to leave F…

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