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F1 NEWS 

BMW expects team to race in 2010

BMW Sauber has said it fully expects to be on the Formula 1 grid in Melbourne next year after finding a buyer for the team on Tuesday.

After missing out on the 13th 2010 slot to Lotus, BMW Sauber was offered an extra 14th team place by the FIA if it was successful in securing funding for its future.

After announcing that Swiss foundation Qadbak Investments Limited is to buy the team, BMW Sauber issued a statement confirming that it now expects the FIA to guarantee its place on the grid.

"We are pleased to confirm that the FIA has indicated that we may have a place in the 2010 Formula One World Championship," said a BMW statement.

"The team expects to line up on the grid for the first race of the 2010 season."

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