Sauber’s survival comes with strings attached

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Sauber have established “a solid foundation to increase its competitiveness on a long-term basis” according to a press release issued by the team on Monday.

The Swiss team’s financial situation has been a subject of intense speculation recently, with senior team figures confirming they had “serious” problems and reports that payments to suppliers had been missed.

Today the team announced a collaboration with Russia’s National Institute of Aviation Technologies, a scientific research institutions, and two investment funds to “showcase Russian innovation at the pinnacle of motorsport”.

Sauber also confirmed it will welcome Russian racer Sergey Sirotkin as a development driver as part of a plan to “attract the talented young Russian generation towards motorsport”. Sirotkin’s father Oleg is the general director of NIAT.

The team raised the possibility of the 17-year-old driving for them as soon as next year: “A development program will be set up for the Russian driver Sergey Sirotkin to prepare him as a racing driver for the team in 2014.”

Sirotkin currently races in the Formula Renault 3.5 series against McLaren development drivers Stoffel Vandoorne and Kevin Magnussen, and Red Bull’s Antonio Felix da Costa. Sirotkin managed a best finish of second so far this year and lies eighth in the points standings.

Indianapolis Motor Speedway unveils logo for 2019 Indy 500

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The 102nd Running of the Indianapolis Motor Speedway officials are already thinking about next year’s Indy 500.

Speedway officials on Friday unveiled the logo for the 103rd running of the 500 next year, which will be held on Sunday, May 26, 2019.

According to a Speedway media release, “The logo for the 103rd Indianapolis 500 includes bold, dynamic features that will form the core of future logos for ‘The Greatest Spectacle in Racing.’”

 

In addition, the new logo, according to the release, “is athletic, prestigious and confident and includes a rich navy blue that contrasts with gold, the color of the iconic Wing and Wheel logo of the Indianapolis Motor Speedway.

“A row of red bricks race upward and forward, referencing the bricks that formed the track’s surface for decades and remain present today in the famous Yard of Bricks at the start-finish line.”

The logo will serve as part of a new branding system that will feature it as part of future logo designs, as well.

“This new logo system is an exciting step forward for the identity of the Indianapolis 500,” IMS President J. Douglas Boles said. “The 103rd Indianapolis 500 logo, created within this system, salutes the traditions and legacy of the race while looking ahead to its bright future.”

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