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LONDON, England - Financially struggling Sauber announced a partnership with three Russian entities on Monday that will lead to teenage Russian driver Sergey Sirotkin joining the Formula 1 team during the 2014 season.
Sirotkin (17) is currently competing in the Formula Renault 3.5 series.
RUSSIAN TIES
Sauber said in a statement that it was linking up with the Investment Cooperation International Fund, the State Fund of Development of the North-West Russian federation and the National Institute of Aviation Technologies.
The race team said: "The partnership includes further activities for the promotion of the inaugural Formula 1 Grand Prix in Sochi in 2014 and attracting the talented young Russian generation towards motorsport.
"In particular, 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.
"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.”
Sauber's current race drivers are Nico Hulkenberg and Esteban Gutierrez.
DESPERATE TIMES
The Swiss-based team have been seeking a new partner to get them out of a financial hole, with founder Peter Sauber recognising delays in paying some suppliers. Sauber told Blick newspaper at the weekend: "The situation is serious. It is one of the most difficult situations since I've been in motorsport.”
Sauber said details of the cooperation would be communicated at a later stage.
Sirotkin (17) is currently competing in the Formula Renault 3.5 series.
RUSSIAN TIES
Sauber said in a statement that it was linking up with the Investment Cooperation International Fund, the State Fund of Development of the North-West Russian federation and the National Institute of Aviation Technologies.
The race team said: "The partnership includes further activities for the promotion of the inaugural Formula 1 Grand Prix in Sochi in 2014 and attracting the talented young Russian generation towards motorsport.
"In particular, 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.
"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.”
Sauber's current race drivers are Nico Hulkenberg and Esteban Gutierrez.
DESPERATE TIMES
The Swiss-based team have been seeking a new partner to get them out of a financial hole, with founder Peter Sauber recognising delays in paying some suppliers. Sauber told Blick newspaper at the weekend: "The situation is serious. It is one of the most difficult situations since I've been in motorsport.”
Sauber said details of the cooperation would be communicated at a later stage.