News Details

Unpaid Ferrari could switch off Sauber engines

By Editor on Monday, July 15, 2013 Embattled Sauber could have its engine power switched off permanently on the day after the forthcoming Hungarian grand prix. Germany's Die Welt newspaper reports that the Swiss team is now EUR 15 million behind in its due payments to customer engine supplier Ferrari. The report said Ferrari has issued Sauber an ultimatum: pay at least EUR 8 million of the overdue bill by 29 July – the first day of the ‘summer break' – or have the supply of 2.4 litre V8 engines switched off. Peter Sauber told the Swiss newspaper Sonntagsblick: 'That's nonsense.' But if it does happen, the Hinwil based team – reportedly in debt to the tune of almost...
Full Story »
12y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Sauber boss says Ferrari will not stop engine supply...

Sauber boss says Ferrari will not stop engine supply due to unpaid bills...
12y ago from GrandPrix247.com

Unpaid suppliers file claims against cash strapped...

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

Fangio’s Mercedes sold for £17.5 million

A Mercedes W196 driven by five-time Formula One world champion Juan Manuel...
12y ago from GPUpdate.net

Unpaid suppliers file claims against ailing Sauber

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

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Chip Ganassi Racing lands new sponsor for Kyffin...

Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...

IndyCar announces independent officiating system

The NTT IndyCar Series announced on Thursday that it will implement a new...

Popular On TotalWRC.com

Yohan Rossel and Nikolay Gryazin spearhead Lancia’s...

Team Lancia Corse HF has announced the 2025 WRC2 championship runners-up...

Popular On GunnersToday.com

Report: Arsenal are very interested in signing...

Arsenal have been linked with the move for the AC Milan goalkeeper Lorenzo...
3h ago from CaughtOffside.com

Another defensive injury increases January transfer...

Morning all. It's a bit mad to think that after spending so much during...
16h ago from Arseblog.com

Arsecast Extra Episode 671 – 15.12.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
1d ago from Arseblog.com

Comments

Hottest News

‘Don’t pretend you had better options': Zak Brown...

Zak Brown's speech directed at Oscar Piastri and... Read More »
2h ago from GPFans.com

F1 movie star 'offered' real-life F1 seat

Star of the F1 movie, Damson Idris, has revealed... Read More »
1h ago from GPFans.com

Max Verstappen in Mercedes test drive during F1 off-season

Four-time champion Max Verstappen took to the... Read More »
5h ago from GPFans.com

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.