Statement by the Chairman regarding Monisha Kaltenborn:

“Longbow Finance SA regrets to announce that, by mutual consent and due to diverging views of the future of the company, Monisha Kaltenborn will leave her positions with the Sauber Group effective immediately. We thank her for many years of strong leadership, great passion for the Sauber F1 Team and wish her the very best for the future. Her successor will be announced shortly; in the meantime we wish the team the best of luck in Azerbaijan.”

Pascal Picci
Chairman of the Board
Sauber Holding AG

As above, the 46-year-old, Formula 1’s first and only female team boss, was in disagreement with the team’s owners over the running of Sauber.