F1 News, Reports and Race Results

Kaltenborn: new owners will unlock Sauber potential

Sauber F1 principal Monisha Kaltenborn says that she believes new ownership will allow the team to unlock its full potential both on and off the track.

"Our new owner is Longbow Finance. They are a company engaged in financial activities - and typically the investments are managing investment portfolios and doing private equity," Kaltenborn explained in an interview with the official Formula One website.

"Their clear intention is first of all to stabilise the situation - stabilise the group - and then strengthen and grow our engineering services. To broaden the third-party business with the services from our engineering side - to commercialise the technologies that we have, the know-how that we have.

"We have been doing this a long time - and that’s where they are seeing a bigger potential. To see how one Swiss company interacts with another Swiss company in high-tech based in Switzerland - technology that is unique in Switzerland. This part is not dependant on where we stand in Formula One.

"The engineering services - the high-end technological elements - are key elements in our strategy together.

"Everybody knows the kind of infrastructure that we have. We are very much leading in the aerodynamic services, in simulation and software development - and in 3D we are also very strong.

"That can be taken to other racing series - or even in other areas where you can apply these procedures outside the world of motorsport. We are already out there in the market with certain things, and that is where Longbow Finance sees the potential."

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Andrew Lewin

Andrew first became a fan of Formula 1 during the time when Michael Schumacher and Damon Hill were stepping into the limelight after the era of Alain Prost, Nigel Mansell and Aryton Senna. He's been addicted ever since, and has been writing about the sport now for nearly a quarter of a century for a number of online news sites. He's also written professionally about GP2 (now Formula 2), GP3, IndyCar, World Rally Championship, MotoGP and NASCAR. In his other professional life, Andrew is a freelance writer, social media consultant, web developer/programmer, and digital specialist in the fields of accessibility, usability, IA, online communities and public sector procurement. He worked for many years in magazine production at Bauer Media, and for over a decade he was part of the digital media team at the UK government's communications department. Born and raised in Essex, Andrew currently lives and works in south-west London.

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