Hulkenburg believes Sauber F1 needed investment

Nico Hulkenburg believes that his Sauber F1 team really needed the funds in order to sustain itself and move forward in the sport and has welcomed the investment into the team from the Russian companies. Monisha Kaltenborn, the team principal, went on record recently stating that the team did not have the funds required to carry out the necessary developments of their cars and was passing through a very difficult phase. She even appealed to the Formula 1 board to help the smaller teams in order to ensure the overall goodwill as well as competitiveness of the sport. However, that request was shot down by Bernie Ecclestone, the CEO of Formula 1, who stated that there was no way he could bail out the team because he has to treat each team with equality and if he went ahead and bailed out Sauber F1, it would not maintain a level playing field for the other teams. Now, it has been announced that the Swiss side has signed three new sponsorship deals that will see funds poured into the side and aid in making the essential developments that will help them maintain their status in the sport. Incidentally, all three companies that have signed on to invest in the team are based in Russia and Hulkenburg has stated that he is extremely pleased with the Russians coming to the aid of the side adding that with funds available, the team can take significant steps ahead of the next few races. According to Hulkenburg, the news is extremely positive and the funds were needed. He added that with the new investors on board, Sauber F1 can push forward and develop harder and stronger and added that the only way the team is headed right now is forward, and thanked the investors for their help.

HULKENBERG DISAPPOINTED

The Sauber F1 driver Nico Hulkenberg is apparently dissatisfied with the performance of the team in the first two races of the new 2013 F1 season. After signing from Force India after the end of the last season, Hulkenberg has been left disappointed following the Australian and Malaysian Grand Prix. Hulkenberg was unable to make his debut for his new team at the Australian Grand Prix because his car developed issues just 90 min before the race. At the Malaysian Grand Prix, things were only slightly better. Hulkenberg was widely expected to do much better than his rookie teammate Esteban Gutierrez. However, the 25-year-old German only managed to finish just four places above his teammate. Even though he said after the race that it was a good result for the team, he is thought to have said in a private conversation that the result was totally not acceptable. The German is thought to be extremely worried about the tyre degradation at high speeds. He is also unable to keep up with the likes of Lotus and McLaren, who could be ideally challenged by Sauber this season. Due to the fact that the team now has a lot of data, Hulkenberg is thought to be positive about the situation. "Thank you guys, but we have to improve in many areas. This is not acceptable. When I go at the speed of Ferrari, Lotus and McLaren, I quickly ruin the tyres. Now we have a lot of data and impressions and I hope we can draw the right conclusions. There are still some areas where there are gaps. The car does not fit me like a shoe," said Hulkenberg in a private conversation, which has been released by a German newspaper. The next race will be in China in three weeks time.