Sauber extends deal with Ferrari
YEONGAM, South Korea (AP)
Formula One team Sauber says it has extended its engine-supply contract with Ferrari, providing a smooth transition into a 2014 season when the series will switch to V6 turbo engines.
Sauber did not specify on Friday the length of the new deal -- which covers engine, gearbox and the KERS power-boost system -- beyond saying it was a "multi-year agreement."
Ferrari has been Sauber's engine supplier since 2010, having earlier had a nine-year deal with the team.
The announcement meant every F1 team except Lotus had confirmed its engine supplier for next season, which will have three companies -- Ferrari, Mercedes and Renault -- supplying the 11 teams.