News Details

Unpaid suppliers file claims against ailing Sauber

The depths of Sauber's financial problems are now beginning to emerge. The Swiss business newspaper Handeslzeitung reports that dozens of unpaid suppliers to the struggling Hinwil based team have filed claims, totalling almost EUR 1 million. The report said the suppliers have waited several months for their invoices to be paid, before lodging the claims against Sauber with the official Swiss debt register Betreibungsregister. "We are very much in contact with our suppliers," founder Peter Sauber is quoted as saying, "and make every effort to get out of this situation as quickly as possible." The Swiss daily Tages-Anzeiger said Sauber, who may also owe money to engine...
Full Story »
12y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Unpaid suppliers file claims against ailing Sauber

The depths of Sauber's financial problems are now beginning to emerge....
12y ago from F1Zone.net

Unpaid suppliers file claims against cash strapped...

Unpaid suppliers file claims against cash strapped Sauber 12 July, 2013...
12y ago from GrandPrix247.com

F1 2013 – Details of Sauber financial crisis emerge

Reports are suggesting that “dozens” of suppliers to the Sauber F1...
12y ago from F1.co.uk

No financial help for Sauber - Ecclestone

Bernie Ecclestone has ruled out financial aid for Sauber after the Swiss...
12y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Trackhouse Aprilia launches two liveries ahead of 2026...

Trackhouse Aprilia satellite team has launched its two new liveries in...
19h ago from MotorsportWeek.c...

Yamaha admits 2026 MotoGP performance will decide...

Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Will Power sees ‘all the ingredients’ for a...

Will Power is approaching the beginning of his new IndyCar chapter, with...
20h ago from MotorsportWeek.c...

Ed Carpenter to contest 23rd Indianapolis 500

Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

'He has struggled' – Arsenal legend tips club to...

Arsenal could end up selling left-back Myles Lewis-Skelly, according to...
2h ago from CaughtOffside.com

Gyokeres, Havertz and the Nwaneri loan move

Morning. I think we're all entitled to a relatively quiet day (in football...
3h ago from Arseblog.com

“Going to be pretty similar” - Michael Owen makes...

Michael Owen has made his prediction for Manchester United's upcoming...
4h ago from SportsKeeda.com

“I was traumatised” - Arsenal fan and NYC mayor...

Self-confessed Arsenal fan and New York City mayor Zohran Mamdani has...
4h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.