Nicolas Todt, who co-founded the ART Grand Prix team with Sauber boss Fred Vasseur in 2004, has sold his stake in the highly successful junior squad.
ART Grand Prix has seen many past and present F1 drivers pass through its stable while on their way to stardom, with names such as Sebastian Vettel, Lewis Hamilton, Nico Rosberg, Valtteri Bottas, Esteban Ocon, Charles Leclerc or Stoffel Vandoorne winning with ART in F3/GP3 or GP2.
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The Todt/Vasseur partnership was a highly efficient and prosperous operation, with Todt handling the team’s commercial and promotional interests, while Vasseur ran the outfit’s day-to-day operations from its French base at Villeneuve-La-Guyard.
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“I am very proud to have contributed to the creation and development of this team, which has always enjoyed great success,” said Todt.
“ART Grand Prix has allowed the emergence of young talents at all levels of the company: mechanics, engineers and of course drivers who are the visible part of this iceberg and some of whom have subsequently made their mark in the history of F1.
“My experience at ART Grand Prix has been rich in lessons as well as a catalyst for my activities in motorsport.
“I wish ART Grand Prix and all those who are associated with it to continue on the same path of excellence and to fight at the forefront in the various championships in which they will participate”.
©WRI