Pay driver Ericsson bringing millions to Caterham

Marcus Ericsson

Marcus Ericsson

Formula 1’s latest rookie Marcus Ericsson is bringing more than €11 million in Swedish sponsorship to Caterham this year, according to a report in Turun Sanomat.

While the popular, experienced and feisty Kamui Kobayashi can put just $1 million of his fans’ money on the table, and agree to drive for free in 2014, the little-known Ericsson has been referred to as a fully-fledged ‘pay driver’.

Until now, the source of his backing has not been clear. Finnish correspondent Heikki Kulta cited ‘sources’ in reporting that Ericsson is bringing 100 million Swedish Krona, or just over €11 million, to Caterham.

Kulta said Ericsson, 23, has compiled the backing with the aid of well-known former Indy driver and fellow Swede Kenny Brack. (GMM)