Money Service Group signs deal with Sauber
19 May 2011 – The Money Service Group has joined Sauber for the 2011 season, becoming an Official Partner of the Hinwil-based outfit. The company - founded by Michael Seidl in 1993 - will remain in Formula 1 for at least another year after first entering the sport as a Toro Rosso sponsor 12 months ago.
"We are grateful for the confidence which the Money Service Group has placed in us and look forward to a successful long-term partnership that will benefit both sides," Sauber Team Principal Peter Sauber commented.
Michael Seidl, owner and founder of the Money Service Group, added: "We have already gleaned a year of positive experience in Formula One and have now entered a new partnership with the Sauber F1 Team, not least on account of our regional proximity.
"I am impressed by Peter Sauber’s courage and single-mindedness and have no doubt that we make a good match as partners."