“Sauber Motorsport Formula 1 Team engages Larry Woghiren of award winning proprietary investment firm Eliseo Partners as advisor in June 2016.” After several discussions Sauber Motorsport appoint Larry Woghiren from award winning proprietary investment firm Eliseo Partners to advice on team sale in June 2016. Eliseo continues to advise Sauber for the remainder of 2016/17 and is at the Sauber F1 team paddocks at the April 2017 Shanghai Formula one race weekend. Some of the great drivers of all time have raced for Sauber, including drivers such as Heinz-Harald Frentzen, Michael Schumacher, Karl Wendlinger, Jochen Mass, Jean-Louis Schlesser and Mauro Baldi. Sauber Motorsport is located in Hinwil, Switzerland, the heart of continental Europe, which includes an innovation and production center, the race cars are developed, designed and operated by approximately 330 employees.
As founder, owner and former team principal, Peter Sauber is a responsible business man, who has motor sports in his DNA. By building up a race team in his home country which still had restrictions on motor racing, he is a pioneer in his area and has mastered the challenges and enjoyed the triumphs of motorsport over the course of the past 45 years. In 1970 Peter Sauber built his first two-seater race car, the C1, and won the 1970 Swiss Sportscar Championship. In the same year PP Sauber AG in Hinwil was founded. The most successful of the early Sauber cars was the C5. For the first time a small series of five cars was built. In 1976 the well-known Swiss racing driver Herbert Müller won the overall title in the European Interseries. In 1983 the Sauber team managed to finish a good ninth in the Le Mans 24 Hours with the C7. The C8 and its engine were the start of a long, pleasant and very successful co- operation with MercedesBenz. The first contacts went back all the way to 1982. In 1986, the C8’s first big success came when Mike Thackwell and Henri Pescarolo won the 1000 km on the Nurburgring.