JANUARY 12, 2004

New sponsors for Sauber

The Sauber team has signed new sponsorship deals with sponsors from China and the Middle East. The Swiss team has an agreement with Egypt's Sokhna Port and the Chinese insurance company Taikang Life, one of the country's top insurance businesses. Peter Sauber says that he is delighted that Formula 1 is looking outside Europe and is not against Formula One's plans to move further afield.