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Sauber secure future in Formula One // Sauber get significant investment, and a young driver, from Russia

Published by Christine

Sauber secure future in Formula One
Credit: Sauber Motorsport AG
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Speculation about the financial situation at Sauber had been starting to dominate headlines of late, but the team brushed aside talk of them not seeing the season out, and today they’ve confirmed a partnership with leading investors from Russia.

The three bodies investing in the team are the Investment Cooperation International Fund, the State Fund of Development of North-West Russian Federation and the National Institute of Aviation Technologies. Big names, but the real story is that Sauber will be sharing their technical expertise with Russian scientists and engineers, helping to promote the brand new Russian Grand Prix next season, and helping bring Russian drivers to the sport.

The official statement states “a development programme will be set up for the Russian driver Sergey Sirotkin to prepare him as a racing driver for the team in 2014.” It’s worth pointing out that Sergey is the son of the head of the National Institute of Aviation Technologies, and he is only 17 years old without a superlicence.