Sauber appoints first Formula 1 team principal

Monisha Kaltenborn has become the first female team principal in Formula 1, taking over at Sauber.

The woman, aged 41, who already held the post of chief executive officer, will take on the additional role starting at this weekend's Korean Grand Prix. Outgoing supremo Peter Sauber, who entered F1 in 1993, will remain as Sauber group's president of the board.

"I'm in no doubt that Monisha has all the necessary skills to be an outstanding team principal," Peter Sauber said. In May, Sauber transferred a third of team's equity to Kaltenborn in the form of a gift. He said: "We decided a long time ago that Monisha would take over from me, 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."

Kaltenborn joined Sauber in 2000 to run their legal department, then she joined the board, before taking over as CEO in 2010. "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," Monisha Kaltenborn stated.

Sauber entered Formula 1 as the works team for Mercedes engines, but continued as a privateer until they were bought by BMW in 2006. The team achieved their only victory during the BMW era, when Robert Kubica won the Canadian Grand Prix in 2008.

BMW's withdrawal at the end of 2009 cast doubt on the team's future, but Sauber were able to raise the money to continue. The team are sixth in the constructors' championship after scoring four podium finishes this season, the most recent of which came via Kamui Kobayashi at last weekend's Japanese Grand Prix.

Bet365 offer odds of 16/1 for a Sauber car to win the Korean GP this weekend.

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