Formula One News » F1 2013 – Sauber secure future Posted on 15/07/2013
Sauber have released a statement confirming 3 new partnerships with Russian companies that will put an end to their financial worries and secure the future of the Sauber F1 team.
The statemeant reads: “We are pleased to announce a partnership between the Investment Corporation International Fund, the State Fund of Development of North-West Russian Federation and the National Institute of Aviation Technologies with Sauber Motorsport AG, incorporating the promotion of the sport Formula 1 in Russia and jointly developing high-technological solutions,”
“With the National Institute of Aviation Technologies, one of the leading scientific research institutions in Russia, the Sauber F1 team will benefit from the advanced know-how of the front-end Russian scientists and engineers.
“The objective of the partnership is to open up new perspectives and revenue streams by commercialising jointly developed technologies.”
“This extensive co-operation will showcase Russian innovation at the pinnacle of motorsport, At the same time the Sauber F1 team will have a solid foundation to increase its competitiveness on a long-term basis.”