Grapevine: Credit Suisse Throw Sauber a Party

Credt Suisse have organised a farewell party for Peter Sauber at Shanghai this weekend, as the team owner bids farewall to Formula One

Grapevine: Credit Suisse Throw Sauber a Party

Sauber sold his team to BMW and will end 13 years in F1, and 36 years in motorsport. He is set to continue his involvement next season as a consultant to the BMW-acquired team.
 
Financial service providers Credit Suisse are currently the primary sponsor of the Sauber team, and the company emphasized they will continue to sponsor the BMW team until the end of 2008.

The party, to be held on Thursday evening at Bund 18 - a historic building in Shanghai that was recently renovated and re-opened - will be titled 'Moments in Time' and showcase highlights from Sauber's motorsport career.

"We are very honoured and proud to celebrate Peter Sauber's career and pay tribute to a man who has quietly and professionally contributed significantly to the motorsport industry," said Oswald Grobel, Chief Executive Officer of Credit Suisse Group.

"Credit Suisse has immensely enjoyed the relationship with Peter Sauber and his team, and whilst we are sad to see him leave, we want to take this opportunity to wish him the very best of luck for his new role as a consultant to the new team and its sponsors."

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