Credit Suisse stays with BMW

Credit Suisse has announced that it will continue to sponsor the Sauber team in 2006, what has been bought out by BMW. BMW gave up the partnership with Williams to start their own BMW Team. Now the new team has found a head sponsor.

Press release "Whilst their partnership with the Sauber Petronas Formula One Team is coming to a close at the end of this year, Credit Suisse is keen to emphasize that they will continue to support BMW who have acquired the majority stakes of the Sauber team last June. The bank has signed a contract with the new team as an official partner from 2006 to 2008."

The Swiss banking giant is meanwhile celebrating Peter Sauber's motor racing career, ahead of his final outing as team principal.