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Jul
15th

F1: Sauber secures long-term future with new Russian partners

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Sauber Formula 1 Team announced the arrival of three Russian companies as partners and investors.

Sauber Motorsport AG has reached an agreement with Investment Cooperation International Fund, The State Fund of Development of North-West Russian Federation and the National Institute of Aviation Technologies.

The objective of the partnership is to promote Fomula 1 in Russia (as the Sochi Grand Prix should be held in 2014) and to jointly develop high-technological solutions.

With the National Institute of Aviation Technologies (which employs nearly 1,000 employees and is one of the leading scientific research institutions in Russia), Sauber 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.

F1 Sauber Nico Hulkenberg
Photo: Sauber F1 Team

The partnership includes further activities, such as 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.

The press release issued Monday morning inducated that 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.


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