Paddock Eye understands that the Sauber F1 Team and the Chief Executive Officer and Team Principal Monisha Keltenborn have parted company with immediate effect. Keltenborn became CEO of the team in 2010 and bought shares in the outfit in 2011.

Keltenborn became team principal in 2012, becoming Formula One’s first female team boss.

The team who are currently in ninth place in the Constructors championship on four points field Marcus Ericsson and Pascal Wehrlein. No information has been given as to the reason for the sudden exit.

Late on Wednesday, the Sauber F1 Team released the following statement:

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

Picci also asddressed media reports about the team’s drivers Pascal Wehrlein and Marcus Ericsson:

The owners and board of Sauber Motorsport AG take strong exception to speculative and widespread media reports today that our race drivers have not been, and are not being, treated equally. This is not only patently untrue, it would be contrary to the team’s absolute and longstanding commitment to fair competition. These reports, attributed to anonymous “sources”, are highly detrimental to both Marcus Ericsson and Pascal Wehrlein as well as to the management and all staff of the Sauber F1 Team.”

Pascal Picci
Chairman of the Board
Sauber Holding AG

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