Marcus Ericsson pays millions to race at Caterham

Marcus Ericsson is bringing more than EUR 11 million in Swedish sponsorship to Caterham this year, the Finnish newspaper Turun Sanomat claims.

While the popular, experienced and feisty Kamui Kobayashi can put just $1 million of his fans' money on the table, and agree to drive for free in 2014, the little-known Marcus Ericsson has been referred to as a fully-fledged 'pay driver'.

But until now, the source of his backing has not been clear.

Finnish correspondent Heikki Kulta cited 'sources' in reporting that Ericsson is bringing 100 million Swedish Krona, or just over EUR 11 million, to Caterham.

Kulta said Ericsson, 23, has compiled the backing with the aid of well-known former Indy driver and fellow Swede Kenny Brack.

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Leopold

Leopold Pleijsier founded F1-Fansite.com in 2001 and has followed Formula 1 since the early 1980s. He writes about daily F1 news, race weekends, drivers and the sport’s history.

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