It has been widely speculated that Monisha Kaltenborn, the CEO of the Sauber F1 team, would eventually take control of the whole Sauber Formula One operation once founder Peter Sauber decided to retire from his position at the Swiss racing outfit.
Well, today that speculation has morphed into reality: with Peter Sauber's step-down to President of the Board, Kaltenborn is now the first female in the sport's 62 year history to become the team principal of a Formula One team.
She'll still retain her position as the squad's chief executive officer, and will elevate to her new position during the Korean Grand Prix weekend.
In an official statement made by Peter Sauber, the Swissman announced that "we decided a long time ago that Monisha would take over from me, but we left the timing open. Now is a good time for both of us".
He went on to say that he is "in no doubt that Monisha has all the necessary skills to be an outstanding team principal."
In her own statement to the press, the 41 year old – who's been involved with the Sauber F1 team since her induction in 2000 as a member of the outfit's legal department – Kaltenborn declared that she has high targets for Sauber, and is "committed to taking the team forward as Peter Sauber would want, and leading it on to success."
This year, Sauber F1 has made many gains when compared with previous seasons. Whilst it hasn't managed to reach the 'glory years' under BMW stewardship (where, during that period, BMW Sauber was regularly in the top six in the Constructors' Championship and brought about the team's first and only win to date in 2008 at the Canadian Grand Prix), but Sauber has managed to score four podium finishes this year and is currently in a position to rival Mercedes-AMG for fifth place in the overall standings.
All of us here at Team VVV thoroughly congratulate Monisha Kaltenborn's elevation to such a lofty and authoritative position in Formula One – especially considering that, whilst the image is slowly changing, F1 is still seen to be a predominantly male sport – and we wish her the best of luck as she becomes the driving force behind the Sauber F1 team.