Saudi-European Parliamentary Friendship Committee discusses cooperation during Strasbourg visit    Diriyah to host third IMFC Deputies meeting under Saudi chairmanship    15,135 decisions taken to penalize Saudis and expats for violations    Saudi stock market loses half a trillion riyals, with Aramco's losses amounting to SR340 billion Tariff turmoil rattles Gulf markets    KAU to host Digital Communication Conference in Jeddah from April 29 to May 1    TGA: Riyadh tops with 45% of 290 million orders delivered in 2024    Aja and Salma mountains draw nature lovers to Hail's rugged landscapes    US revokes all visas for South Sudanese nationals over deportation dispute    Death toll from Myanmar earthquake rises to 3,471    Macron to hold Gaza summit with Egypt and Jordan in Cairo    Benzema rescues Al Ittihad with stoppage-time equalizer in thrilling Jeddah Derby    Al Qadsiah and Al Ettifaq share spoils in tense Eastern Derby stalemate    Moussa Diaby praises Al Ittihad's resilience after Jeddah Derby draw "When you can't win, you take a point"    Saudi assistant referee Iman Al Madani joins AFC elite list for 2025    Riyadh Art Week launches with over 50 galleries showcasing global artistic dialogue    Turki Al-Sheikh announces five new Saudi film projects to be produced in Riyadh    Saudi Ministry of Education to showcase innovations at 2025 Geneva International Exhibition    Ed Sheeran weaves Persian music into new song, Azizam    Al-Jadaan: Crown Prince's directives confirm government's ability to bring back balance to real estate market    Veteran Bollywood actor Manoj Kumar dies at 87    Screen time in bed linked to insomnia, study finds    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Sauber appoints first female team principal
Published in The Saudi Gazette on 12 - 10 - 2012

Monisha Kaltenborn (L), the new principal for the Sauber Formula One team, and outgoing team principal Peter Sauber pose at the team's garage during an announcement ceremony ahead of the South Korean F1 Grand Prix at the Korea International Circuit in Yeongam Thursday. — Reuters

YEONGAM, South Korea — Monisha Kaltenborn became the first woman team principal in Formula One Thursday when she took control of Sauber with immediate effect after its founder decided to step down from day-to-day management.
Peter Sauber had always made it clear that he did not wish to be running the team, which he built more than four decades ago, when he turned 70. He will be 69 Saturday.
Sauber will continue in his capacity as president of the board of directors of all Sauber Group companies and remain responsible for the group's strategic direction, a team statement said.
“We decided a long time ago that Monisha would take over from me, but we left the timing open,” Sauber, one of the biggest names in Formula One, said in the statement.
“Now is a good time for both of us, so this is the right moment to pass on the baton. After all, there have been a number of races I've been unable to attend - most recently the Japanese Grand Prix, where the team put in an excellent performance.
“I'm in no doubt that Monisha has all the necessary skills to be an outstanding team principal, and I'm equally certain she will ensure that the values underpinning the company live on. That is very important to me.”
Kaltenborn, 41, an Austrian of Indian origin, joined the company in 2000 to run the legal department, was appointed a member of the board of management not long afterwards and took over as CEO of Sauber Motorsport AG in January 2010.
In late 2011 Peter Sauber transferred a third of the company's shares into her name.
“Naturally I'm very aware of the major responsibility I have for Peter Sauber's racing team,” said Kaltenborn in the statement. “He founded the team over 40 years ago, and in the spring it will be 20 years since Sauber lined up for its debut Formula One Grand Prix. We are the fourth-oldest team in Formula One.
“To build up a project like this and keep it alive in a difficult environment is a tremendous achievement. I have set my sights high and am committed to taking the team forward as Peter Sauber would want and leading it on to success.”
Sauber is sixth in the constructors' championship with five races to go, starting with the Korean Grand Prix Sunday.
Sergio Perez, the Sauber driver who is set for a move to McLaren next season, said: “Monisha is very capable of treating people the right way so I wish her the very best.
“I will always be very thankful to Peter. He gave me the opportunity to show my talent. I'm very thankful.”
Webber accepts Grosjean apology
Mark Webber said Thursday he was satisfied with Romain Grosjean's apology after the Lotus driver hit the Red Bull man, ruining his chances at last weekend's Japanese Grand Prix.
However the feisty Australian's body language, at a press conference ahead of the race in South Korea where Grosjean was also present, suggested that bad blood remains.
Grosjean drove into Webber seconds into the race at Suzuka. The Australian had to scramble to rejoin the action and then made a pit stop for repairs, returning at the back of the field before racing hard to finish ninth.
The Frenchman later admitted he made “a stupid mistake” and, having already served a ban this season for the same thing, vowed to change his ways. He also apologized to Webber after the race in Japan.
Asked if he accepted the apology, Webber replied tersely: “I went to see Romain. We had a discussion about it, and that was it. So, yeah.”
Grosjean said: “All I could do was apologize. I was very sorry.”
A furious Webber suggested immediately after the Japan race that the Frenchman might need another “holiday”, or ban, labeling his driving “embarrassing” and branding him “a first-lap nutcase”.
Grosjean, who has also had a lecture from his Lotus team, said he was hoping to avoid more trouble in Sunday's race.
“I'm clearly conscious of the risk at the start, I'm working on changing quite a lot of things but work doesn't come from one day to the other one,” he said. “There is a process going on. I said I was very sorry. I'm not stupid and I'm conscious of the risk.” — Agencies


Clic here to read the story from its source.