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SBD Global/July 16, 2013/Marketing and Sponsorship
Three Russian Investors Rescue Financially Stricken Sauber F1 Team
Published July 16, 2013
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UP AND COMING: REUTERS' Alan Baldwin reported Russian teenager Sergey Sirotkin "could become Formula One's youngest ever driver next season as part of a financial lifeline keeping the Swiss Sauber team in the sport." Sauber said in a statement that a development program would be set up for Sirotkin "to prepare him as a racing driver for the team in 2014." If that plan comes to fruition -- and it depends on the granting of a super-license and him being deemed ready to take the step -- Sirotkin "would be far younger than Spaniard Jaime Alguersuari was when he made his race debut in 2009 aged 19 years and 125 days." The teenager, who turns 18 in August, "is currently competing in the Formula Renault 3.5 series" (REUTERS, 7/15). In London, Tom Cary reported the inclusion in the deal of the St. Petersburg-based State Fund of Development of Northwest Russian Federation "has led to speculation that Sochi, a Black Sea resort and the host of next year’s Winter Olympics, may not end up being the venue for the Russian GP in the long term" (TELEGRAPH, 7/15).