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Friday, May 18, 2012
Kaltenborn earns Sauber Group stake
Peter Sauber has announced he is transferring a third of the stake in the Sauber Group to CEO Monisha Kaltenborn. Sauber, the founder, team principal and president of the board, will retain the other two thirds. India-born Kaltenborn, 41, was appointed CEO of the Swiss squad in 2010, following BMW's exit from Formula 1
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