BMW in Formula One
On November 22, Swiss newspaper SonntagsZeitung revealed that Qadbak's attempt to purchase the team had failed as it did not have the necessary funds. Qadbak turned out to be a shell company with no assets and no investors behind it. On November 27, 2009 it was announced that Peter Sauber would repurchase the team conditional upon the team receiving a FIA entry for the 2010 season.  The FIA subsequently granted Sauber an entry on December 3. The team used Ferrari engines in .