{"id":15748,"date":"2012-04-05T06:56:58","date_gmt":"2012-04-05T10:56:58","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=15748"},"modified":"2012-04-05T06:56:58","modified_gmt":"2012-04-05T10:56:58","slug":"lack-of-development-budget-a-shame-kaltenborn","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/lack-of-development-budget-a-shame-kaltenborn\/","title":{"rendered":"Lack of development budget &#8216;a shame&#8217; &#8211; Kaltenborn"},"content":{"rendered":"<p>Sauber is in a race for money after discovering its 2012 car is up to speed with F1&#8217;s richest teams.<\/p>\n<p><img loading=\"lazy\" class=\"ngg-singlepic ngg-right alignright\" style=\"margin: 5px;\" src=\"https:\/\/www.racinginfocus.com\/rif\/gallery\/f1-2012-rif-images\/f1-12-people\/Monisha-Kaltenborn-2.JPG\" alt=\"Monisha-Kaltenborn-2\" width=\"384\" height=\"256\" \/>As ever in formula one, world championships are won not on the basis of a clever initial design, but on a team&#8217;s ability to continue to develop it throughout a long season.<\/p>\n<p>According to O Estado de S.Paulo newspaper, the formerly BMW-owned Sauber team&#8217;s chief executive Monisha Kaltenborn admits that the Hinwil based outfit cannot compete on that front with the likes of McLaren, Ferrari, Mercedes and Red Bull.<\/p>\n<p>&#8220;It&#8217;s a shame,&#8221; she is quoted as saying.<\/p>\n<p>&#8220;I hope we can show enough potential so that some companies decide to invest in our project,&#8221; said Kaltenborn, with the Brazilian newspaper estimating that Sauber&#8217;s budget is EUR 80 million this year.<\/p>\n<p>In contrast, the top four teams&#8217; budgets are believed to be all above EUR 220m.<\/p>\n<p>Kaltenborn told F1&#8217;s official website recently that Sauber would back a push to impose a budget cap &#8212; an issue that triggered the big teams&#8217; bitter political war with former FIA president Max Mosley a few years ago.<\/p>\n<p>&#8220;We &#8230; have also openly said that we are not satisfied with our sponsor situation because we have high targets and to achieve them you need appropriate funding,&#8221; she continued.<\/p>\n<p>&#8220;We still need to work on that side of things, as of course the more funding you have the more you can develop &#8212; and it shows on the track.<\/p>\n<p>&#8220;I have said before that when we look back we practically never had enough money to do what we really wanted to.\u00a0 The question is always how big the gap is &#8212; sometimes it is bigger, sometimes it is smaller.&#8221;<\/p>\n<p><span style=\"color: #888888;\"><em>\u00a9 RIF | GMM<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sauber is in a race for money after discovering its 2012 car is up to speed with F1&#8217;s richest teams. As ever in formula one, world championships are won not on the basis of a clever initial design, but on a team&#8217;s ability to continue to develop it throughout a long season. According to O &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[5262,5340,316,114],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/15748"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=15748"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/15748\/revisions"}],"predecessor-version":[{"id":15749,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/15748\/revisions\/15749"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=15748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=15748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=15748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}