Sauber close to concluding Ferrari turbo engine deal for 2014

Monisha Kaltenborn

Monisha Kaltenborn

The Sauber team is close to reaching a deal to stay with Ferrari power for the start of the new turbo era in 2014 and beyond.

The Swiss team has had a troubled 2013, but boss Monisha Kaltenborn says money from the Russian rescue deal has begun to flow.

Indeed, Russian teen Sergey Sirotkin’s quest for a super license is set to begin at the wheel of an older Ferrari at the Italian team’s Fiorano track.

The next step is a new Ferrari deal for Sauber, as Formula 1 moves from the current V8 rules to the new turbo V6 era.

“I think it is obvious to everyone in what direction we are moving in the negotiations about the engine,” Kaltenborn is quoted by Russia’s Championat.

It is believed that the deal was held up by Sauber’s financial troubles this year, in which Ferrari reportedly went unpaid.

“We had to resolve some issues,” Kaltenborn revealed, “and most of them have been settled now. So I think we will have an announcement soon.”

Subbed by AJN.

Content on by: staff & contributors, Reuters syndication, GMM service, Getty Images, Formula 1 teams, sponsors & organisations.