Russian deal helps embattled Sauber eye 'long-term' future

"This extensive cooperation will showcase Russian innovation at the pinnacle of motor sport," said Sauber.

Jul.15 (GMM) Amid reports the Swiss team is on the brink of collapse, Sauber on Monday announced a Russian tie-up.

A day after Peter Sauber confirmed he and team boss Monisha Kaltenborn recently travelled twice to Moscow, the embattled team announced deals with the "Investment Cooperation International Fund, The State Fund of Development of North-West Russian Federation and the National Institute of Aviation Technologies".

Sauber said the deal will involve "the promotion of the sport in Russia", the inaugural Russian Grand Prix next year, and the development of technology that will "open up ... new revenue streams".

The statement also said Russian driver Sergey Sirotkin, who is 17, will be prepared "as a racing driver for the team in 2014".

"This extensive cooperation will showcase Russian innovation at the pinnacle of motor sport," said Sauber. "At the same time, the Sauber F1 Team will have a solid foundation to increase its competitiveness on a long-term basis."

Write a comment
Show comments
About this article
Series F1
Article type Breaking news
Tags f1, gmm, sauber, kaltenborn

User photos

SurdinP
F1

SurdinP

1 photos
max
F1

max

29 photos
ADLITIKA
F1

ADLITIKA

213 photos
Kevin_Bennett_Photo
F1

Kevin_Bennett_Photo

139 photos
PiBiPhoto
F1

PiBiPhoto

47 photos
koutnas
F1

koutnas

16 photos
Evan_DeCiren
F1

Evan_DeCiren

24 photos
Jayson Fong
F1

Jayson Fong

15 photos
Upload photo

Latest headlines

Latest photos

StartEUROF3NorisringStart28/06/2014 04:14

Latest photos

Cesar RamosBSSZandvoortCesar Ramos06/07/2014 06:40

Latest videos

Latest headlines

Latest videos

Latest headlines

Latest photos

Latest videos