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http://www.autosport.com/news/report.php/id/108788
http://www.sauberf1team.com/en/season/news/detail-...
"15.07.2013 - We are pleased to announce a partnership between the Investment Cooperation International Fund, the State Fund of Development of North-West Russian Federation and the National Institute of Aviation Technologies with Sauber Motorsport AG, incorporating the promotion of the sport Formula 1 in Russia and jointly developing high-technological solutions.
With the National Institute of Aviation Technologies, one of the leading scientific research institutions in Russia, the Sauber F1 team will benefit from the advanced know-how of the front-end Russian scientists and engineers. The objective of the partnership is to open up new perspectives and revenue streams by commercialising jointly developed technologies.
The partnership includes further activities for the promotion of the inaugural Formula 1 Grand Prix in Sochi in 2014 and attracting the talented young Russian generation towards motorsport. In particular, a development programme will be set up for the Russian driver Sergey Sirotkin to prepare him as a racing driver for the team in 2014.
This extensive co-operation will showcase Russian innovation at the pinnacle of motorsport. At the same time, the Sauber F1 Team will have a solid foundation to increase its competitiveness on a long-term basis.
Details of the cooperation will be communicated at a later stage."
Brilliant news, always loved sauber.
http://www.sauberf1team.com/en/season/news/detail-...
"15.07.2013 - We are pleased to announce a partnership between the Investment Cooperation International Fund, the State Fund of Development of North-West Russian Federation and the National Institute of Aviation Technologies with Sauber Motorsport AG, incorporating the promotion of the sport Formula 1 in Russia and jointly developing high-technological solutions.
With the National Institute of Aviation Technologies, one of the leading scientific research institutions in Russia, the Sauber F1 team will benefit from the advanced know-how of the front-end Russian scientists and engineers. The objective of the partnership is to open up new perspectives and revenue streams by commercialising jointly developed technologies.
The partnership includes further activities for the promotion of the inaugural Formula 1 Grand Prix in Sochi in 2014 and attracting the talented young Russian generation towards motorsport. In particular, a development programme will be set up for the Russian driver Sergey Sirotkin to prepare him as a racing driver for the team in 2014.
This extensive co-operation will showcase Russian innovation at the pinnacle of motorsport. At the same time, the Sauber F1 Team will have a solid foundation to increase its competitiveness on a long-term basis.
Details of the cooperation will be communicated at a later stage."
Brilliant news, always loved sauber.
Munter said:
That's good news. I bet Marussia are miffed to miss out on that deal though.
I'm sure they are, too!Given the way that MAR seems to be organised/owned/ran, they are fully engrossed into the Russian regime - looking forward to Sochi 2014 as much as Silverstone as a "home race"... I'm sure there are plenty of other Russian investors willing to spend a few Rubles offshore to help develop the talent of the young drivers a bit lower down the grid...
Of course - not to mention Mussolini's support of Alfa Romeo.
Not sure if they are good examples of state involvement in motor sport though.
I suppose Renault is a more recent example.
At the moment, the state sponsorship of circuits is having a massive detrimental effect on the sport I used to love.
I wonder what state support of teams will bring.
Not sure if they are good examples of state involvement in motor sport though.
I suppose Renault is a more recent example.
At the moment, the state sponsorship of circuits is having a massive detrimental effect on the sport I used to love.
I wonder what state support of teams will bring.
Eric Mc said:
Not sure if they are good examples of state involvement in motor sport though.
Very true - their intent was far from as pure as the creations they funded.I doubt that there will be much change in the World as a result of this.
In Europe there is not a state that would dare fund F1 to this level.
In America there are enough people with enough money to fund all the cars they ever want.
In China they have only just realised that there are cars.
In the Middle East they would rather fund a race than a team as the one thing they all tend to hate is anything that upsets their day. Throwing £100m into a team for 3 years and scoring 1 point would count as too much trouble for too little fun. Better spend that £300m on having your own race.
There are other parts of the World but not many of them (other than South America) have the funds available, even if they raided the kitty.
ash73 said:
Which Ruskie pilot will get a Sauber seat then, Vitaly Petrov or Sergey Sirotkin?
Well that didn't take long 
Sauber hire Russian teenager
Eric Mc said:
Of course - not to mention Mussolini's support of Alfa Romeo.
Not sure if they are good examples of state involvement in motor sport though.
I suppose Renault is a more recent example.
At the moment, the state sponsorship of circuits is having a massive detrimental effect on the sport I used to love.
I wonder what state support of teams will bring.
The Italian government's support of Ferrari had a massive detrimental effect on F1.Not sure if they are good examples of state involvement in motor sport though.
I suppose Renault is a more recent example.
At the moment, the state sponsorship of circuits is having a massive detrimental effect on the sport I used to love.
I wonder what state support of teams will bring.
Munter said:
I'll bet the teams in the UK are applying for R&D tax breaks. So effectively part funded by the UK gov.
Although my post was meant to be humorous rather than biting, I have to say that the money Ferrari got during the era of plenty was hardly a tax break. I remember Frank Williams, during the active suspension period, being aghast that Ferrari had new reservoirs virtually every race whereas Williams made theirs last for a number of races and then merely refurbished the items for 'a tenth of the price'. It allowed them to buy up the talent and set the funding bar at a level that no other team could hope to reach. It gave us the most complete team the sport has ever seen, at least since I've been a fan, but it all but destroyed the sport.
Still bitter after all these years.
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