user icon
icon
link-icon
<< Return to the news list
Sauber looking for budget to keep up with development

Sauber looking for budget to keep up with development

  • Published on 05 Apr 2012 09:56
  • comments 0
  • By: Rob Veenstra
Sauber is in a race for money after discovering its 2012 car is up to speed with F1's richest teams. As ever in formula one, world championships are won not on the basis of a clever initial design, but on a team's ability to continue to develop it throughout a long season.

According to O Estado de S.Paulo newspaper, the formerly BMW-owned Sauber team's chief executive Monisha Kaltenborn admits that the Hinwil based outfit cannot compete on that front with the likes of McLaren, Ferrari, Mercedes and Red Bull. "It's a shame," she is quoted as saying. "I hope we can show enough potential so that some companies decide to invest in our project," said Kaltenborn, with the Brazilian newspaper estimating that Sauber's budget is EUR 80 million this year. In contrast, the top four teams' budgets are believed to be all above EUR 220m.

Kaltenborn told F1's official website recently that Sauber would back a push to impose a budget cap -- an issue that triggered the big teams' bitter political war with former FIA president Max Mosley a few years ago. "We ... have also openly said that we are not satisfied with our sponsor situation because we have high targets and to achieve them you need appropriate funding," she continued.

"We still need to work on that side of things, as of course the more funding you have the more you can develop -- and it shows on the track. I have said before that when we look back we practically never had enough money to do what we really wanted to. The question is always how big the gap is -- sometimes it is bigger, sometimes it is smaller." (GMM)
F1 News Sauber Mercedes McLaren Ferrari

Replies (0)

Login to reply

BE Grand Prix of Belgium

Local time 

BEGrand Prix of Belgium

Local time 

World Championship standings 2024

Pos
Team
Points
1
Red Bull Racing
195
2
Ferrari
151
3
McLaren
96
4
Mercedes
52
5
Aston Martin
40
6
Visa Cash App RB
7
7
Haas F1
5
Show full world champion standings

Test calendar

Bahrain International Circuit - Winter testing

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2024

Date
Grand Prix
Circuit
-
Bahrain
29 - Mar 2
Bahrain
Bahrain International Circuit
7 - Mar 9
Saudi Arabia
Jeddah Street Circuit
22 - Mar 24
Australia
Albert Park
5 - Apr 7
Japan
Circuit Suzuka
19 - Apr 21
China
Shanghai International Circuit
3 - May 5
United States of America
Miami International Autodrome
17 - May 19
Italy
Autodromo Enzo e Dino Ferrari
24 - May 26
Monaco
Monte Carlo
7 - Jun 9
Canada
Gilles Villeneuve
21 - Jun 23
Spain
Circuit de Catalunya
28 - Jun 30
Austria
Red Bull Ring
5 - Jul 7
United Kingdom
Silverstone
19 - Jul 21
Hungary
Hungaroring
26 - Jul 28
Belgium
Spa-Francorchamps
23 - Aug 25
Netherlands
Circuit Zandvoort
30 - Sep 1
Italy
Monza
13 - Sep 15
Azerbaijan
Baku City Circuit
20 - Sep 22
Singapore
Marina Bay Street Circuit
18 - Oct 20
United States of America
Circuit of the Americas
25 - Oct 27
Mexico
Autodromo Hermanos Rodriguez
1 - Nov 3
Brazil
Interlagos
22 - Nov 24
United States of America
Las Vegas Street Circuit
29 - Dec 1
Qatar
Losail International Circuit
6 - Dec 8
United Arab Emirates
Yas Marina Circuit
See full schedule

Formula 1 Calendar - 2024

Date
Grand Prix & Circuit
-
Bahrain Bahrain International Circuit
29 - Mar 2
Bahrain Bahrain International Circuit
7 - Mar 9
Saudi Arabia Jeddah Street Circuit
22 - Mar 24
Australia Albert Park
5 - Apr 7
Japan Circuit Suzuka
19 - Apr 21
China Shanghai International Circuit
3 - May 5
United States of America Miami International Autodrome
17 - May 19
Italy Autodromo Enzo e Dino Ferrari
24 - May 26
Monaco Monte Carlo
7 - Jun 9
Canada Gilles Villeneuve
21 - Jun 23
Spain Circuit de Catalunya
28 - Jun 30
Austria Red Bull Ring
5 - Jul 7
United Kingdom Silverstone
19 - Jul 21
Hungary Hungaroring
26 - Jul 28
Belgium Spa-Francorchamps
23 - Aug 25
Netherlands Circuit Zandvoort
30 - Sep 1
Italy Monza
13 - Sep 15
Azerbaijan Baku City Circuit
20 - Sep 22
Singapore Marina Bay Street Circuit
18 - Oct 20
United States of America Circuit of the Americas
25 - Oct 27
Mexico Autodromo Hermanos Rodriguez
1 - Nov 3
Brazil Interlagos
22 - Nov 24
United States of America Las Vegas Street Circuit
29 - Dec 1
Qatar Losail International Circuit
6 - Dec 8
United Arab Emirates Yas Marina Circuit
See full schedule

Team profile

Sauber
Show full profile
show sidebar