Jul 15, 2013, 9:00 AM EST
Sauber have established “a solid foundation to increase its competitiveness on a long-term basis” according to a press release issued by the team on Monday.
The Swiss team’s financial situation has been a subject of intense speculation recently, with senior team figures confirming they had “serious” problems and reports that payments to suppliers had been missed.
Today the team announced a collaboration with Russia’s National Institute of Aviation Technologies, a scientific research institutions, and two investment funds to “showcase Russian innovation at the pinnacle of motorsport”.
Sauber also confirmed it will welcome Russian racer Sergey Sirotkin as a development driver as part of a plan to “attract the talented young Russian generation towards motorsport”. Sirotkin’s father Oleg is the general director of NIAT.
The team raised the possibility of the 17-year-old driving for them as soon as next year: “A development program will be set up for the Russian driver Sergey Sirotkin to prepare him as a racing driver for the team in 2014.”
Sirotkin currently races in the Formula Renault 3.5 series against McLaren development drivers Stoffel Vandoorne and Kevin Magnussen, and Red Bull’s Antonio Felix da Costa. Sirotkin managed a best finish of second so far this year and lies eighth in the points standings.
Mar 3, 2015, 7:00 PM EST
One to two sentence bullet point rundown on the PWC GT, GTA, GT Cup field heading into COTA and the 2015 season.
Mar 3, 2015, 4:45 PM EST
Pippa’s Pink Posse to feature prominently in Komen Race for the Cure, for Central Indiana Affiliate.
Mar 3, 2015, 4:00 PM EST
It’s the race to repeat in 2015, but will it be Lewis Hamilton or Nico Rosberg who takes the title?
Mar 3, 2015, 3:00 PM EST
Fernando Alonso’s accident in testing has raised way more questions than answers.
Mar 3, 2015, 11:46 AM EST
Sunoco joins IMS, extends with INDYCAR.
Mar 3, 2015, 10:51 AM EST
Formula E partners with FPL for Miami ePrix; Matty Brabham does the demo runs.
Mar 3, 2015, 10:06 AM EST
Tequila Patron ESM, Rolling Stone come together for one-off outing at 24 Hours of Le Mans.
Mar 3, 2015, 9:53 AM EST
Susie Wolff confirmed for Spain, Silverstone FP1 outings and another day in Austria.
Mar 3, 2015, 7:54 AM EST
Alonso ruled out of season opener, following medical advice.
Mar 2, 2015, 7:31 PM EST
Mercedes F1: Road to Repeat premieres this Thursday, March 5, at 8 p.m. ET on NBCSN.
Mar 2, 2015, 5:16 PM EST
Jam-packed schedule for inaugural GP of NOLA weekend.
Mar 2, 2015, 3:00 PM EST
Toyota Racing’s trio of Davidson, Buemi and Nakajima tour Tokyo.
Mar 2, 2015, 2:00 PM EST
RHR’s image on Indianapolis 500 tickets to be unveiled on Thursday.
Mar 2, 2015, 1:00 PM EST
With 114 cars total and a manufacturer overload, things look promising for Pirelli World Challenge heading into 2015.
Mar 2, 2015, 11:00 AM EST
F1 and IndyCar kick off; NHRA, sports cars and ladder series also have a busy month of March ahead.
Mar 2, 2015, 9:30 AM EST
Mercedes leads in pace, and lap count as F1 preseason testing is in the books for 2015.
Mar 2, 2015, 8:59 AM EST
Mick Schumacher to advance from karting into cars this season.
Mar 2, 2015, 8:21 AM EST
With potential Indy Lights success there for the taking, Max Chilton instead opts for the LMP1 route with Nissan.
Mar 2, 2015, 7:45 AM EST
Max Chilton and Alex Buncombe round out the Nissan LMP1 lineup; Chilton full season and Buncombe at Le Mans.
Mar 2, 2015, 7:34 AM EST
Red Bull takes off the camo, comes back in color.
- Fernando Alonso ruled out of Australian Grand Prix 1
- Mercedes F1: Race to Repeat: Teaser clips and preview (VIDEO) 0
- F1, IndyCar seasons finally premiere in 2015’s version of March madness 1
- F1: Barcelona second test wrap, and 2015 test times cumulative roundup 0
- Michael Schumacher’s son Mick to race in ADAC F4 championship this season 3
- Barcelona F1 2nd Test Paddock Notebook – Sunday 1
- F1 pre-season testing ends with Bottas fastest for Williams 1