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Alfa Romeo returns to Formula 1 with Sauber

Alfa Romeo has signed a multi-year technical and commercial partnership agreement with Swiss Sauber F1 Team beginning with the 2018 season. The team cars will sport the colors and logo of Alfa Romeo, the team's Title Sponsor, and will be equipped with 2018 Ferrari power units.

The scope of the agreement includes strategic, commercial and technological cooperation in all applicable areas of development, including access to engineering know-how and the expertise of Alfa Romeo technical staff. The official name will be Alfa Romeo Sauber F1 Team.

Sergio Marchionne, CEO of FCA, said: "This agreement with the Sauber F1 Team is a significant step in the reshaping of the Alfa Romeo brand, which will return to Formula 1 after an absence of more than 30 years. A storied marque that has helped make the history of this sport, Alfa Romeo will join other major automakers that participate in Formula 1. The brand itself will also benefit from the sharing of technology and strategic know-how with a partner of the Sauber F1 Team's undisputed experience. The Alfa Romeo engineers and technicians, who have already demonstrated their capabilities with the newly-launched models, Giulia and Stelvio, will have the opportunity to make that experience available to the Sauber F1 Team. At the same time, Alfa Romeo fans will once again have the opportunity to support an automaker that is determined to begin writing an exciting new chapter in its unique, legendary sporting history."

Pascal Picci, Chairman of Sauber Holding AG, commented: "We are very pleased to welcome Alfa Romeo to the Sauber F1 Team. Alfa Romeo has a long history of success in Grand Prix racing, and we are very proud that this internationally renowned company has chosen to work with us for its return to the pinnacle of motorsport. Working closely with a car manufacturer is a great opportunity for the Sauber Group to further develop its technology and engineering projects. We are confident that together we can bring the Alfa Romeo Sauber F1 Team great success, and look forward to a long and successful partnership."

The return of Alfa Romeo, one of the major marques in Formula 1 history, is expected to bring with it technological know-how and a large and passionate fan base. Alfa Romeo is known around the world for its racing heritage. The undisputed champion of the pre-war Grand Prix (in 1925, the GP Tipo 2 dominated the first World Championship), Alfa Romeo participated in Formula 1 from 1950 to 1988, both as a constructor and engine supplier. Immediately upon its debut, Alfa Romeo won the first two drivers' world championships, in 1950 and 1951, with drivers Nino Farina and Juan Manuel Fangio. From 1961 to 1979, Alfa Romeo participated as engine supplier to several F1 teams. Following its return as a constructor in 1979, Alfa Romeo achieved its best result in 1983, taking sixth place in the constructors' championship. More than 30 years after withdrawing as a competitor from Formula 1 (1985), the brand is returning with the clear intention to make its mark.

In 1970 Peter Sauber founded his company and designed his first racing car in the cellar of his parents' house. The race team grew steadily and enjoyed its first major international successes in the late 1980s. As the Mercedes works team, Sauber celebrated a one-two victory in the Le Mans 24-hour race in 1989 and back-to-back Drivers' and Manufacturers' titles in the World Sports Car Championship in 1989 and 1990. In 1993 Sauber entered Formula One. Among the team's F1 highlights have been a fourth-place finish in the Constructors' World Championship in 2001 as an independent team and - in partnership with BMW - a one-two finish in the 2008 Canadian Grand Prix on the way to third place in the constructors' standings that year. In 2010 Sauber became an independent outfit once again. 2012 was a very good year of the Sauber F1 Team, headlined by four podium finishes, 126 World Championship points and sixth place in the constructors' standings. The 11th October 2012 marked a milestone in the history of the team - the day when Sauber stepped down as Team Principal and passed on the baton to Monisha Kaltenborn. Between 1993 and the end of 2016 the team contested 424 grand prix in Formula One. In 2017 the Sauber F1 Team celebrates another milestone: it is the 25th Formula One season in the teams' history. The fourth oldest Formula 1 team starts together with its new owner, Longbow Finance S. A., into a new era. In 2017, Frédéric Vasseur was named as the new Managing Director and CEO of Sauber Motorsport AG, and Team Principal of the Sauber F1 Team. Sauber has its headquarters in Hinwil, in the Swiss canton of Zurich. The team's state of the art factory houses manufacturing facilities and offices spanning an area of 15,600 square meters and boasts one of the most advanced wind tunnels in F1.

011/30/17

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