Alfa Romeo are returning to Formula One after a 30 year absence as backers of Sauber next year, the iconic Italian marque announced on Wednesday. The Ferrari-powered team will be known as Alfa Romeo Sauber. Ferrari chairman Sergio Marchionne, CEO of the Milan-based manufacturer's company Fiat Chrysler Automobiles, said in a statement that Alfa was "determined to begin writing an exciting new chapter in its unique, legendary sporting history".
Pascal Picci, Chairman of Swiss-based Sauber Holding AG, added: "We are very pleased to welcome Alfa Romeo to the Sauber F1 Team. "Alfa Romeo has a long history of success in Grand Prix racing, and we are very proud that this internationally renowned company has chosen to work with us for its return to the pinnacle of motorsport."