Sauber signs a multi-year agreement with Ferrari

Sauber announced on Friday morning that it reached an agreement with Ferrari about a supply of power unit for 2018. The news follows yeasterday's announcement when Sauber and Honda confirmed that they terminated the planned contract with an immediate effect.

For the 2017 championship, the Sauber squad decided to use the one-year-old Ferrari power unit. The team was hopeful at the end of last year that the 2016-specifiaction engine will not hamper their chances. In fact, they hoped that it will provide them with an advantage since they had already known the configuration and hence the installiation requirements.

Sauber, however, has been falling backwards as this year's campaign has been proceeding. The Swiss team then announced earlier this year that it reached an agreement with Honda about a 2018-specification power unit as of next year. After former team principal, Monisha Kalternborn left the team, the signed agreement became insecure.

On the eve of the Hungarian GP, Sauber announced that it terminated the contract with Honda and it sticks with its current engine supplier, Ferrari for the future.

The Italian and the Swiss teams started their collabortion back in 1997 and have completed 17 championship campaigns so far.

Sauber's new team principal Frederic Vasseur was delighted that the two teams continue their long-time collaboration.

“I am very pleased to confirm that we will continue to work with Scuderia Ferrari as our engine supplier in form of a multi-year agreement. The shared experience between the Sauber F1 Team and Ferrari has built a strong foundation, which will allow us to move forward swiftly and efficiently, also in terms of the development of the 2018 car."

"I am convinced that together we can achieve the results which reflect the passion and determination that is, and always has been, behind the Sauber F1 Team," concluded Vasseur.