GP2 champion Leimer’s sponsor says F1 system is sick

2014 GP2 Champion Fabio Leimer

2014 GP2 Champion Fabio Leimer

Even with millions of euros in backing, the 2013  GP2 Series champion Fabio Leimer has been priced out of Formula 1.

Until now, the 24-year-old Swiss has been backed by his wealthy sponsor, Rainer Gantenbein.

But Blick newspaper reported last week that the backing has now run dry.

Gantenbein declared: “The Formula 1 system is sick.”

Neue Zurcher Zeitung newspaper claims that Gantenbein and Leimer’s management made serious proposals regarding 2014 with three Formula 1 teams, including the Swiss team Sauber.

“I would be willing to pay a low double-digit million amount, if he (Leimer) is involved,” said Gantenbein. “It is a paradox that success has led Leimer to a dead end.”

Leimer’s manager Stefan Meier, however, denies that luck has run out completely.

“If it does not work out for this season, we will plan for 2015,” he insisted. (GMM)

Subbed by AJN.

Content on by: staff & contributors, Reuters syndication, GMM service, Getty Images, Formula 1 teams, sponsors & organisations.

  • The Pessimist

    Wish PDVSA had the same opinion, we wouldn’t have seen the great crash driving talent of MADonado.

  • RBC

    I guess low double digit millions is not enough…

  • Kimi4WDC

    Saxo Bank things otherwise!!!!

    I bet all the client’s investment are safe with Saxo Bank! :)

  • Kimi4WDC

    *thinks :(