Sauber F1 team boss Peter Sauber says that, they are decided that Monisha Kaltenborn would take over his current position for team future. The Swizz motorsports entrepreneur added that now is the right time for the change to take place.
Monisha Kaltenborn is now Chief Executive Officer of the Sauber F1 team and she holds a 33.3% stake in the outfit.
Kaltenborn becomes the new team principal with instant result, and Peter Sauber will carry on in his role as president of the Sauber Group’s board of directors.
“We decided a long time ago that Monisha would take over from me, but we left the timing open. Peter Sauber said. Now is a good time for both of us, so this is the right moment to pass on the baton. After all, there have been a number of races I’ve been unable to attend – most recently the Japanese Grand Prix, where the team put in an excellent performance.”
“I’m in no doubt that Monisha has all the necessary skills to be an outstanding team principal, and I’m equally certain she will ensure that the values underpinning the company live on. That is very important to me.” He added.
Sauber made four podiums finish in this season, sixth place in constructors championship, just 20 points behind the Mercedes, their duo Sergio Perez and Kamui Kobayashi now 10th and 11th on the drivers’ championship.
Kaltenborn says that, she is pleased with latest announcement and more responsible with new role for Sauber.
“Naturally I’m very aware of the major responsibility I have for Peter Sauber’s racing team,” she said.
“He founded the team over 40 years ago, and in the spring it will be 20 years since Sauber lined up for its debut Formula 1 grand prix.
“We are the fourth-oldest team in F1. To build up a project like this and keep it alive in a difficult environment is a tremendous achievement. I have set my sights high and am committed to taking the team forward as Peter Sauber would want and leading it on to success.”