Sauber is in a race for money after discovering its 2012 car is up to speed with F1's richest teams. As ever in formula one, world championships are won not on the basis of a clever initial design, ...
As ever in formula one, world championships are won not on the basis of a clever initial design, but on a team's ability to continue to develop it throughout a long season.
According to O Estado de S.Paulo newspaper, the formerly BMW-owned Sauber team's chief executive Monisha Kaltenborn admits that the Hinwil based outfit cannot compete on that front with the likes of McLaren, Ferrari, Mercedes and Red Bull.
"It's a shame," she is quoted as saying.
"I hope we can show enough potential so that some companies decide to invest in our project," said Kaltenborn, with the Brazilian newspaper estimating that Sauber's budget is EUR 80 million this year.
In contrast, the top four teams' budgets are believed to be all above EUR 220m.
Kaltenborn told F1's official website recently that Sauber would back a push to impose a budget cap -- an issue that triggered the big teams' bitter political war with former FIA president Max Mosley a few years ago.
"We ... have also openly said that we are not satisfied with our sponsor situation because we have high targets and to achieve them you need appropriate funding," she continued.
"We still need to work on that side of things, as of course the more funding you have the more you can develop -- and it shows on the track.
"I have said before that when we look back we practically never had enough money to do what we really wanted to. The question is always how big the gap is -- sometimes it is bigger, sometimes it is smaller."