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Due to issues with the Concorde Agreement, the team remained as "BMW Sauber" for the 2010 season: In March 2010, Peter Sauber announced plans to change the team name but the FIA announced that they would have to wait until the end of the season. At the end of a less successful 2009 season, BMW pulled out of Formula One and the team's future remained uncertain for several months until total control was handed back to Peter Sauber and granted a 2010 entry. Having not won a Grand Prix as an independent, the team was rebranded to BMW Sauber in 2005 and competed as BMW Sauber from 2006 to 2009, finishing third in 2007 and second in 2008 in the Constructors' Championship, and scoring their lone grand prix victory at the 2008 Canadian Grand Prix. After operating it under their own name from 1993 until 2018, Sauber Motorsport AG renamed their Formula One racing team to Alfa Romeo Racing.

It was founded in 1970 (as PP Sauber AG) by Peter Sauber, who progressed through hillclimbing and the World Sportscar Championship to reach Formula One in 1993. Sauber Motorsport AG is a Swiss motorsport engineering company.