Monisha Kaltenborn new Sauber Team Principal, Peter Sauber retires
By Berthold Bouman
Sauber CEO Monisha Kaltenborn will take over Peter Sauber’s job as Team Principal with immediate effect, the Sauber Formula One team today announced. Kaltenborn, who owns one-third of the Swiss Sauber team, will take over Sauber’s position as he will turn 69 on October 13, as Sauber once had said he did not want to be on the pit wall until he turned 70, he kept his word and today was a good day to retire as Team Principal.
“We decided a long time ago that Monisha would take over from me,” Sauber said, “but we left the timing open. 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.”
Sauber is confident Kaltenborn is the right person to take over his function, “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.”
“Naturally I’m very aware of the major responsibility I have for Peter Sauber’s racing team,” Kaltenborn stated. “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 One Grand Prix. We are the fourth-oldest team in Formula One. 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.”
Sauber will stay President of the Board of Directors of all Sauber Group companies and will remain responsible for the Group’s strategic direction.