Kaltenborn becomes first female F1 team principal

 Kaltenborn has become Formula One’s first ever female team principal after taking over from Peter Sauber at the team that takes his name. 41 year-old Kaltenborn who already held the position of CEO of Sauber will take on the role from this weekends Korean Grand Prix as Peter Sauber (68) takes a back seat.

It’s not a huge shock to the paddock after Sauber transferred a third of the team’s equity to her as a ‘gift’ at the end of 2011. Peter Sauber will remain as the President of the board of Directors for all Sauber companies and remains responsible for the group’s direction.

In a team statement, he said “We decided a long time ago that Monisha would take over from me, but we left the timing open. Now is a good time for both of us, so this is the right moment to pass on the baton. After all, there have been a number of races I’ve been unable to attend – most recently the Japanese Grand Prix, where the team put in an excellent performance.

“I’m in no doubt that Monisha has all the necessary skills to be an outstanding team principal, and I’m equally certain she will ensure that the values underpinning the company live on. That is very important to me.”

Sauber first came into the world of F1 in 1993 and have since had a good run. The team lie 6th in the constructor’s championship, scoring four podium finishes this season.

Indian-born Kaltenborn, who holds Austrian citizenship, initially joined Sauber in 2000 to run their legal department but had moved up to the role of CEO in January 2010.

She said: “I have set my sights high and am committed to taking the team forward as Peter Sauber would want and leading it on to success.”

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