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."
Ocon replaces Haryanto at Manor
Nicolas Carpentiers compares the many versions of the Ferrari steering wheel
Felipe Nasr writes exclusively for F1i about Hungary, Germany and the summer break
Keep up to date with all the F1 news via Facebook and Twitter
For much of 2025, the paddock conversation around Sergio Perez was surprisingly straightforward: a driver…
Flavio Briatore is not a man accustomed to standing on the sidelines of victory, nor…
Richie Ginther was born on this day in 1930. A glance at the American F1…
Victory at last! After enduring a frustrating season plagued by mechanical failures and unavoidable…
Mika Hakkinen has urged McLaren to resist the temptation of making a blockbuster move for…
Long-serving Aston Martin engineer Tim McCullough is reportedly set to leave the team at the…