Nelson Piquet Sr. would be ready to buy BMW-Sauber

Nelson Piquet Senior, triple Formula 1 world champion, could become one of the owners of the former BMW team in 2010 with Swiss Peter Sauber, who now holds 20% of the team. Such an investment would bring Nelson Piquet Jr. back to the seats very quickly. Indeed, the latter has just been dismissed by the Renault team today.

The latest results of Nelson Piquet Jr. were not enough for his team, with a clause in his contract stipulating an obligation to score at least 40% of the points of his teammate Alonso. Zero points to Piquet’s credit since the beginning of the season have annoyed the Renault management, including Flavio Briatore.

While the Renault team has decided to replace Brazilian Nelsinho – the Franco-Swiss Grosjean is in pole position to replace him, the father of the young Brazilian could buy and finance the Sauber team. Negotiations are already advanced and close to a conclusion according to Brazilian media including O Globo and Estado.

A new Brazilian team is reportedly being formed, headed by the former three-time Formula 1 world champion. The Fittipaldi brothers were the first to create a Brazilian team from 1975 to 1982 under the name Copersucar-Fittipaldi. It’s worth noting that Nelson Piquet Sr. already owns a team in GP2 called Piquet Sport, which has already raced his son… to bring him up to Formula 1.