Alfa Romeo has just announced its re-entry to Formula 1 after staying away for almost 30 years from the sport. The Milan automaker has teamed up with Sauber F1 team for an agreement that covers commercial, technological and strategic cooperation starting 2018 season. The Alfa Romeo Formula 1 cars will have new colours and logo along with the badging of its title sponsor and these will be equipped with 2018 Ferrari engines. The official name for the tie-up will be Alfa Romeo Sauber F1 team. For those not in the know, Alfa Romeo participated in Formula 1 from 1950 to 1988 as an engine supplier and constructor. Shortly after its debut, the brand won two drivers' world championships in the year 1950 and 1951. Later on, from the year 1961 to 1979, the company supplied engines to multiple F1 teams. Alfa Romeo made a comeback in 1979 as a constructor and achieved sixth place in the constructors' championship in the year 1983.
Commenting on the return of Alfa Romeo in Formula 1, Sergio Marchionne, CEO, FCA, said, “This agreement with the Sauber F1 Team is a significant step in the reshaping of the Alfa Romeo brand, which will return to Formula 1 after an absence of more than 30 years. A storied marque that has helped make the history of this sport, Alfa Romeo will join other major automakers that participate in Formula 1."
"The brand itself will also benefit from the sharing of technology and strategic know-how with a partner of the Sauber F1 Team’s undisputed experience. The Alfa Romeo engineers and technicians, who have already demonstrated their capabilities with the newly-launched models, Giulia and Stelvio, will have the opportunity to make that experience available to the Sauber F1 Team. At the same time, Alfa Romeo fans will once again have the opportunity to support an automaker that is determined to begin writing an exciting new chapter in its unique, legendary sporting history", he added.