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Press Release
Credit Suisse celebrates Peter Sauber
Credit Suisse, one of the leading global financial service providers, are set to say farewell to Sauber Petronas team principal, Peter Sauber in style in Shanghai, China just days before the 2005 Formula One season finale.
Thursday 13th October will see the team's Swiss banking partner play host to the great and good from the world of Formula One at an exclusive evening event held at Shanghai's finest venue Bund 18.
The party is themed Moments in Time and will showcase highlights from Peter Sauber's illustrious 36-year long career in motorsport including his 13 years dedicated to Formula One.
Oswald Grübel, Chief Executive Officer of Credit Suisse Group commented: "We are very honoured and proud to celebrate Peter Sauber's career and pay tribute to a man who has quietly and professionally contributed significantly to the motorsport industry".
"Credit Suisse has immensely enjoyed the relationship with Peter Sauber and his team and whilst we are sad to see him leave, we want to take this opportunity to wish him the very best of luck for his new role as a consultant to the new team and its sponsors".
Whilst their partnership with the Sauber Petronas Formula One team is coming to a close at the end of this year, Credit Suisse is keen to emphasize that they will continue to support BMW who announced last June that they will acquire the majority stakes of the Sauber team per January 1, 2006. The bank has signed a contract with the new team as an official partner from 2006 to 2008.
Enquiries:
- Credit Suisse, Tel. +41 76 566 22 68
- Sponsorship has held a prominent place in the bank's corporate and communication strategy for more than 20 years. In its sponsorship commitments, the company concentrates on Formula One, soccer, golf and equestrian sport. In the area of cultural activities, it focuses on institutions that are active in classical music, jazz, and the fine arts.
