FEBRUARY 4, 2016

F1 sponsor hails Magnussen's return

A Danish businessman has hailed Kevin Magnussen's return to F1.

A Danish businessman has hailed Kevin Magnussen's return to F1.

In 2014, the Danish bank Saxo Bank entered F1 as a sponsor with Lotus.

Now, Danish driver Kevin Magnussen has joined the same Enstone based team just as it returns to being the works Renault outfit.

Lars Seier Christensen is no longer the chief at Saxo Bank, but Christensen has revealed himself as a "personal sponsor" of another F1 driver, new Haas recruit Romain Grosjean.

Speaking about Wednesday's news from Paris, Christensen told the Danish broadcaster DR Sporten: "Kevin really deserves it. He is an excellent driver who has worked hard for it, and it's also a super thing for all the Danish fans.

"It's a difficult thing to get back into F1 after you've been there, which can only be an indication that he really wanted it and that he and the team around him worked hard for it."

Christensen, however, is actually cheering louder for a French driver, Grosjean, with DR Sporten claiming that Saxo Bank may also have followed him to Haas.

"I am one of Romain Grosjean's personal sponsors," he said. "I think one day in the right car he can be world champion, and the same is true for Kevin."

(GMM)