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.
Dec 19, 2014, 6:55 PM EST
Michael Schumacher’s son, Mick Jr., spent a recent testing day in a Formula 4 car, a possible prelude to following in his famous father’s footsteps.
Dec 19, 2014, 4:30 PM EST
Edwards’ Arris car won’t be hard to find in a pack next year.
Dec 19, 2014, 4:00 PM EST
Rare, intriguing call for CGR to put two lesser-experienced drivers in No. 01 car.
Dec 19, 2014, 3:00 PM EST
Williams’ stellar 2014 season, recapped in pictures and words.
Dec 19, 2014, 2:15 PM EST
Ryan Newman and Matt Kenseth proved that consistency still pays.
Dec 19, 2014, 1:49 PM EST
The fan-favorite Sprint Experience at NASCAR tracks across the country is apparently no longer, according to a media report.
Dec 19, 2014, 1:30 PM EST
McMurray shined at the All-Star Race in May but missed out on a 2014 Chase berth.
Dec 19, 2014, 12:57 PM EST
Kyle Larson had a tremendous rookie season in 2014. If he was that good this season, imagine how much better he’ll be next season and seasons to come.
Dec 19, 2014, 12:30 PM EST
Felipe Nasr’s No. 12 rounds out the F1 grid number choices for 2015.
Dec 19, 2014, 12:00 PM EST
Jean-Eric Vergne signs with Ferrari as a test and development driver, which means a bunch of simulator work.
Dec 19, 2014, 11:17 AM EST
RC Enerson moves up from USF2000 to Indy Lights.
Dec 19, 2014, 11:00 AM EST
Multiplatinum artist to rock out before 2015 running of the Great American Race.
Dec 19, 2014, 10:37 AM EST
Party like it’s 1996 in 2015 – Panis and Herta sons signed to deals.
Dec 18, 2014, 9:51 PM EST
It lasts only four months, but there’ll be lots of action on the schedule for the 2015 NASCAR Canadian Tire Series.
Dec 18, 2014, 9:26 PM EST
Ricky Stenhouse Jr. will be slinging some pre-Christmas dirt this Saturday in an all-star sprint car race in DuQuoin, Ill.
Dec 18, 2014, 8:50 PM EST
One of Kurt Busch’s sponsors has joined team owner Gene Haas in backing the driver in his ongoing dispute with ex-girlfriend Patricia Driscoll.
Dec 18, 2014, 6:31 PM EST
Want to have a good laugh or two? Check out all of the bloopers and behind-the-scenes fun from NASCAR America over this past year.
Dec 18, 2014, 6:18 PM EST
NASCAR announced that a Camping World Truck Series crew member has been suspended for violating the sanctioning body’s substance abuse policy.
Dec 18, 2014, 6:00 PM EST
RoC, Mecum, and two F1 “Road To:” specials make for motors block on NBCSN tonight starting at 7 p.m. ET.
Dec 18, 2014, 4:15 PM EST
Will Power is a closet breakdancer? Who knew? Find out in the latest edition of The Penske Files.
Video from NASCAR America
- Michael Schumacher’s son, Mick Jr., has ‘secret’ F4 test 0
- Report: The Sprint Experience will not return in 2015 2
- Vergne joins Ferrari as a test driver 1
- IndyCar champ Will Power’s hidden talent — breakdancing 0
- NASCAR: Bubba Wallace confirmed for Roush Fenway XFINITY program 1
- Top NASCAR stories of 2014: No. 13 – Chase Elliott wins final Nationwide Series championship at record age 0
- CVC adds di Montezemolo, Walsh to Board of Directors for F1; Bernie stays on 0