Troubled F1 team Sauber finds Russian sponsors

Sauber is eighth of 11 teams in the constructors' standings with 2013 drivers Nico Hulkenberg of Germany and Esteban Gutierrez of Mexico. Hulkenberg's eighth-place finish in Malaysia is Sauber's best result.

updated: July 15, 2013 16:12 IST
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Hinwil, Switzerland: Formula One team Sauber has eased its financial troubles with new funding from Russia in a deal that includes preparing a Russian driver for next season.

Sauber said Monday that the partnership involves two investment funds and Russia's National Institute of Aviation Technologies.

The fresh backing comes one week after team President Peter Sauber acknowledged in a Swiss television interview that the financial difficulties had become "uncomfortable and embarrassing."

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