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Kaltenborn denies suggestions that Sauber could miss races

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Kaltenborn denies suggestions that Sauber could miss races
By:
Apr 17, 2016, 5:04 AM

Sauber boss Monisha Kaltenborn has hit back at suggestions that the Swiss team is in danger of failing to finish the 2016 season – and says that talks are in progress with potential investors.

Monisha Kaltenborn, Sauber Team Principal, Christian Horner, Red Bull Racing Team Principal and Toto Wolff, Mercedes AMG F1 Shareholder and Executive Director
Marcus Ericsson, Sauber C35
Marcus Ericsson, Sauber C35
Marcus Ericsson, Sauber C35
Marcus Ericsson, Sauber C35 practices a pit stop
Felipe Nasr, Sauber C35
Marcus Ericsson, Sauber C35
Felipe Nasr, Sauber C35

Kaltenborn did not attend the last race in Bahrain while busy with meetings in Europe, which fuelled speculation in the paddock that the team's financial situation had become so precarious that it might even miss the Chinese GP.

“It seems to have taken off at a tangent because I was not in Bahrain,” Kaltenborn told Motorsport.com.

“There was no big deal to that, I had a few meetings and you reach a point before the race where you know that you'll just be there for a day and lose the Monday. That's all that was behind it.

"It seems to be a hobby that some people have, just to make stories out of nothing. So to go to the extent that some people went just because of the fact that I'm not there is actually quite ridiculous," she added.

“Just because I'm not there somebody out there raises a question and it takes off like nothing.

"People should engage their brains in something slightly more intelligent than just making up things just because I'm not at a race. I didn't know I'm that important to people.”

Potential investor talks ongoing

Meanwhile, Kaltenborn confirmed that talks are ongoing with potential investors. The team has had regular discussions since the departure of BMW, but no deal has been forthcoming thus far.

“We are in talks with a partner, or people for a partnership. There are many options there, and that's what we're following. If you are a team like ours you are always looking for a strong partner.

"We are not owned by a manufacturer, we are not owned by a big company that's always there.

"If you go back, since BMW left we have always been open to a strong partner, because that gets you further up. Nothing has changed.”

She denied suggestions that the potential source of funding is in the Middle East: “I don't know where that's coming from," she said.

"It's the usual bet, people know that if it's not from certain countries it is probably from there. Again, all this is speculation.

"I'm not going to comment on any of these things – you must ask the people who start these rumours, not me.”

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About this article

Series Formula 1
Teams Sauber
Author Adam Cooper