Sauber: Telmex hasn’t bought into team

Peter Sauber has confirmed that Mexican firm Telmex has only joined his team in a sponsorship capacity and that he retains full control of the squad – adding that he will only sell it on when he is happy it is fully stabilized again.

“I own 100 percent of the team and there are at present no plans to sell the team or any part of it," he said.“Our partnership with Telmex, which will come into force on 1st January 2011, does not include any kind of stakeholding and is purely a sponsoring agreement."