F1 »

F1 Hungarian GP: Revitalised Sauber basks in brighter prospects

Relatively little may be known about new owners Longbow Finance but Monisha Kaltenborn says deal gives Sauber a future to look forward to.
Monisha Kaltenborn has warned it will 'take time' to stabilise her Sauber team after it was acquired by the Longbow Finance group, but says it is now looking forward to a brighter future all the same.

Ahead of the Hungarian Grand Prix, Sauber confirmed it had been sold to the Swiss financial services company in a deal that will see Kaltenborn stay on as team principal and eponymous founder Peter Sauber formally retire.

Though relatively little is known about Longbow Finance itself – despite rumours it is has links to the wealthy Rausing family, founders of Tetra Pak -, Kaltenborn says the deal represents a significant moment for Sauber after months of financial uncertainty with a car that hasn't been updated since it was revealed at the start of the year.

Indeed, while Kaltenborn says the deal means upgrades are likely to be made possible before the end of the year in an effort to score points that could take it back above Manor in the constructors' standings, she admits there is a view towards 2017 now.

“We are working on that [the future], but you know these things take time,” she said. “We have had a rough time these past few months and the first target of course of the new owners is to stabilise the entire group.

“So you have to settle matters and then of course, again, to get back to your business as usual to have then a basis for being competitive.

“I'm sure we'll have a few things still coming up this year, I mean we still have a few things to do, we don't want to end up where we are, but of course we are focusing more on next year and there I am very confident you will see a lot more.”
by Ollie Barstow


Related Pictures

Click on relevant pic to enlarge
22.07.2016 - Free Practice 2, Felipe Nasr (BRA) Sauber C34 and Marcus Ericsson (SUE) Sauber C34
22.07.2016 - Free Practice 2, Felipe Nasr (BRA) Sauber C34
22.07.2016 - Free Practice 2, Daniel Ricciardo (AUS) Red Bull Racing RB12 and Felipe Nasr (BRA) Sauber C34
22.07.2016 - Free Practice 2, Felipe Nasr (BRA) Sauber C34
French Grand Prix at Paul Ricard
Lewis Hamilton, Mercedes, Pirelli 2017 tyre test [Credit: Pirelli]
27.11.2016 - Race, Marcus Ericsson (SUE) Sauber C34 and Fernando Alonso (ESP) McLaren Honda MP4-31
27.11.2016 - Race, Marcus Ericsson (SUE) Sauber C34
27.11.2016 - Race, Felipe Nasr (BRA) Sauber C34
27.11.2016 - Race, Felipe Nasr (BRA) Sauber C34 and Max Verstappen (NED) Red Bull Racing RB12
27.11.2016 - Race, Felipe Nasr (BRA) Sauber C34
27.11.2016 - Race, Marcus Ericsson (SUE) Sauber C34, Carlos Sainz Jr (ESP) Scuderia Toro Rosso STR11 and Max Verstappen (NED) Red Bull Racing RB12
27.11.2016 - Race, Marcus Ericsson (SUE) Sauber C34
27.11.2016 - Race, Felipe Nasr (BRA) Sauber C34 leads Romain Grosjean (FRA) Haas F1 Team VF-16
27.11.2016 - Race, Kevin Magnussen (DEN) Renault Sport F1 Team RS16 and Pascal Wehrlein (GER) Manor Racing MRT05
27.11.2016 - Race, Carlos Sainz Jr (ESP) Scuderia Toro Rosso STR11 leads Pascal Wehrlein (GER) Manor Racing MRT05
27.11.2016 - Race, Esteban Ocon (FRA) Manor Racing MRT05, Pascal Wehrlein (GER) Manor Racing MRT05 and Felipe Nasr (BRA) Sauber C34
27.11.2016 - Race, Start of the race, Daniil Kvyat (RUS) Scuderia Toro Rosso STR11 and Pascal Wehrlein (GER) Manor Racing MRT05

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.




© 1999 - 2016 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.