SEPTEMBER 15, 2003

More F1 for Credit Suisse

It is rumored that Credit Suisse has agreed a major new sponsorship with Sauber now that its three-year deal is coming to an end. The company entered F1 at the start of 2001 and has since become a shareholder in Sauber in addition to being a sponsor of the team. The original deal was rumored to be worth $17m a year and it is anticipated that this figure may have increased with the new deal, which may be a longer term deal.

This could be important because the annual rumors once again the Swiss team's sponsorship with Red Bull may move elsewhere with the obvious targets being Jordan, Jaguar or Minardi.