Sauber F1 team making progress in its hunt for crucial finance

Sauber Formula 1 team principal Monisha Kaltenborn is confident the ongoing financial problems hampering the marque's progress will soon be resolved

Sauber F1 team making progress in its hunt for crucial finance

The 2016 F1 campaign has been a troubled one so far for Sauber, with initial delays in the introduction of the C35, staff salaries paid late for the past three months, and a lack of updates to the car resulting in the team missing the in-season test at Barcelona.

Talks have been taking place behind the scenes for months now with potential investors and sponsors, and Kaltenborn believes there is hope on the horizon.

"We've been making progress - we've had to because stagnating is no option, and we hope it will show soon," Kaltenborn told Autosport.

"There is obviously some frustration around at the moment, but if we had the financing and we were still where we are then that would probably be more frustrating.

"So it does give you... I don't know the word for it, but it's not comfort, for sure.

"But when you know you have these things coming in, and you can't implement them, then it is frustrating and it takes a lot of patience.

"So you need to continue to focus on what you are doing, to just bear with it."

Asked whether she was confident of something materialising that would help the team this season, Kaltenborn said: "Yes, it will."

As to why the situation was taking so long to resolve, she replied: "It is not long.

"If you look at other deals we've had before, such as when BMW bought into the team, you have no idea how long that went on.

"Nobody knew until the end, so from that perspective we are actually moving quite fast, but things take their time and you just can't push it."

Suggested to Kaltenborn the upgrade package currently on the shelf was significant and would improve the fortunes of the team, she replied: "Yes - and it has to."

PARTS ARE "IN THE LOOP" - ERICSSON

Driver Marcus Ericsson feels the car is in need of "a new aerodynamic package", but recognises the team's financial impasse is holding it back.

"The wings and floor are the same as what we had in testing, and it's very similar to what we had at the end of last year," said Ericsson.

"I know we have them in the loop to go on the car somewhere soon, but how soon is difficult to say. It's something we need as soon as possible to be more competitive."

Explaining "in the loop", Ericsson added: "They're being worked on, but they're not coming to the track any time soon I would say. They're more in the design process."

Kaltenborn added: "The car is where it is, but the base is definitely not bad.

"We just need to bring the parts in, which we have in the pipeline."

shares
comments
Daniel Ricciardo admits Spanish Grand Prix hurt is lingering
Previous article

Daniel Ricciardo admits Spanish Grand Prix hurt is lingering

Next article

Haas wants tighter F1/NASCAR team links and driver crossover

Haas wants tighter F1/NASCAR team links and driver crossover
The Mercedes F1 pressure changes under 10 years of Toto Wolff Plus

The Mercedes F1 pressure changes under 10 years of Toto Wolff

OPINION: Although the central building blocks for Mercedes’ recent, long-lasting Formula 1 success were installed before he joined the team, Toto Wolff has been instrumental in ensuring it maximised its finally-realised potential after years of underachievement. The 10-year anniversary of Wolff joining Mercedes marks the perfect time to assess his work

The all-French F1 partnership that Ocon and Gasly hope to emulate Plus

The all-French F1 partnership that Ocon and Gasly hope to emulate

Alpine’s signing of Pierre Gasly alongside Esteban Ocon revives memories of a famous all-French line-up, albeit in the red of Ferrari, for BEN EDWARDS. Can the former AlphaTauri man's arrival help the French team on its path back to winning ways in a tribute act to the Prancing Horse's title-winning 1983?

Formula 1
Jan 31, 2023
How do the best races of F1 2022 stack up to 2021? Plus

How do the best races of F1 2022 stack up to 2021?

OPINION: A system to score all the grands prix from the past two seasons produces some interesting results and sets a standard that 2023 should surely exceed

Formula 1
Jan 31, 2023
Who were the fastest drivers in F1 2022? Plus

Who were the fastest drivers in F1 2022?

Who was the fastest driver in 2022? Everyone has an opinion, but what does the stopwatch say? Obviously, differing car performance has an effect on ultimate laptime – but it’s the relative speed of each car/driver package that’s fascinating and enlightening says ALEX KALINAUCKAS

Formula 1
Jan 30, 2023
Why F1's nearly man is refreshed and ready for his return Plus

Why F1's nearly man is refreshed and ready for his return

He has more starts without a podium than anyone else in Formula 1 world championship history, but Nico Hulkenberg is back for one more shot with Haas. After spending three years on the sidelines, the revitalised German is aiming to prove to his new team what the F1 grid has been missing

Formula 1
Jan 29, 2023
The potential-laden F1 car that Ferrari neglected Plus

The potential-laden F1 car that Ferrari neglected

The late Mauro Forghieri played a key role in Ferrari’s mid-1960s turnaround, says STUART CODLING, and his pretty, intricate 1512 was among the most evocative cars of the 1.5-litre era. But a victim of priorities as Formula 1 was deemed less lucrative than success in sportscars, its true potential was never seen in period

Formula 1
Jan 28, 2023
Why Vasseur relishes 'feeling the pressure' as Ferrari's F1 boss Plus

Why Vasseur relishes 'feeling the pressure' as Ferrari's F1 boss

OPINION: Fred Vasseur has spent only a few weeks as team principal for the Ferrari Formula 1 team, but is already intent on taking the Scuderia back to the very top. And despite it being arguably the most demanding job in motorsport, the Frenchman is relishing the challenge

Formula 1
Jan 27, 2023
The crucial tech changes F1 teams must adapt to in 2023 Plus

The crucial tech changes F1 teams must adapt to in 2023

Changes to the regulations for season two of Formula 1's ground-effects era aim to smooth out last year’s troubles and shut down loopholes. But what areas have been targeted, and what impact will this have?

Formula 1
Jan 26, 2023