End of the F1 road for BMW Sauber

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

The announcement, made at the team's headquarters in Munich and on their website, means BMW are the second major manufacturer to pull out of the sport in the space of eight months following Honda's withdrawal in December.

The news comes ahead of the imminent signing this week of a new Concorde Agreement, the commercial document that governs F1 and binds the teams to the sport for the length of the contract.

BMW made their decision after a management board meeting on Tuesday.

"Of course, this was a difficult decision for us, but it's a resolute step in view of our company's strategic realignment," said Dr Norbert Reithofer, chairman of the Board of Management of BMW.

"Premium will be increasingly defined in terms of sustainability and environmental compatibility. This is an area in which we want to remain in the lead.

"We are continually reviewing all projects and initiatives to check them for future viability and sustainability.

"Our Formula One campaign is thus less a key promoter for us."