3 May 2024
Gauteng terminates Sauber sponsor deal
Wind up contracts within the next two months
The South African province Gauteng has decided to wind up its motor sport programme.
The Gauteng Motor Sport Company earlier looked into reviving a South African grand prix, and sponsored the Renault and BMW-Sauber teams.
BMW motor sport director Mario Theissen said last year its Gauteng backing was a "long-term" deal.
But executive council member Firoz Cachalia has announced that the province is paying to wind up its contracts within the next two months.
"We’re dealing here with a lot of money, a lot of interested parties, and international contracts," he said.
A statement confirmed that the BMW-Sauber deal was "terminated amicably".