BMW Sauber Formula 1
BMW Sauber F1 is a Formula One team with bases in Hinwil, Switzerland and Munich, Germany. The team was formed at the end of 2005 by the takeover of the existing Sauber Formula One team by German car manufacturer BMW. The team scored two... [more]
BMW Sauber F1 is a Formula One team with bases in Hinwil, Switzerland and Munich, Germany. The team was formed at the end of 2005 by the takeover of the existing Sauber Formula One team by German car manufacturer BMW. The team scored two podium finishes and came fifth in 2006, its first season in Formula One. -- Source wikipedia.org
Statement from BMW on Honda's retirement from F1
Dr. Klaus Draeger, Member of the Board of Management of BMW AG, Development: "It is with regret that we learnt of Honda’s decision. It has no bearing on BMW’s involvement in Formula One.
With the BMW Sauber F1 Team, we have from the start focused on high efficiency and have achieved our successes with a compact and powerful team. The cost-benefit ratio is commensurately positive. The measures now proposed by FOTA for significant cost cuts starting as early as season 2009 are a further important contribution."
Our F1 involvement is an integral part of the company strategy. There is no better platform than Formula One for demonstrating our brand values. BMW, moreover, makes targeted use of the Formula One project as a technology accelerator for series production.
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