News Details

Pirelli still waiting for Sauber payment

Sauber’s future has been cast into further doubt after reports that the Swiss team has still not paid Pirelli for the supply of its 2013 tyres. According to the German publication, Bild am Sonntag, Sauber's debts now stand at 80 million, with 35 million of that owed to current suppliers, including Ferrari and Pirelli, who provide the team with engines and tyres. The Hinwil based teams financial problems were initially reported before the German Grand Prix, when reports arose that the team had failed to pay its star driver Nico Hulkenberg. However, a rescue package was announced in the weeks that followed, with the team set to be saved by an injection of cash from a group of Russian...
Full Story »
12y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Sauber owe money to Hulkenberg, Gutierrez, Kobayashi,...

Reports of a continuing financial crisis at Sauber are continuing to...
12y ago from GrandPrix247.com

Pirelli waiting for Sauber tyre bill

By Editor on Monday, August 12, 2013 Reports of a continuing financial...
12y ago from F1Zone.net

Lotus denies that unpaid F1 staff are threatening to...

Lotus has played down reports the Enstone based Formula 1 team is...
12y ago from GrandPrix247.com

Sauber boss admits delay in Russian financial rescue...

Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
12y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Victoria Government rejects MotoGP requests to move...

The Victoria State Government has rejected a request from MotoGP to move...
15h ago from MotorsportWeek.c...

Dorna Sports unveils rebrand as part of MotoGP...

Dorna Sports has announced it will be officially known as MotoGP Sports...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

David Malukas heads the timesheets in opening IndyCar...

The NTT IndyCar Series held the first of two open test days at Phoenix...

George Barber, founder of iconic IndyCar venue, passes...

Barber Motorsports Park has announced that founder of the iconic track...
10h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

'Arsenal have a chance to get him': Arsenal tipped to...

Arsenal have been tipped to make a sensational move for former Manchester...
12m ago from CaughtOffside.com

‘All formal steps completed' – BBC man...

Arsenal have officially agreed to a blockbuster new contract with star...
12h ago from CaughtOffside.com

Arsenal get green light as 35-goal forward eyes summer...

Nico Williams has been linked with a move away from Athletic Club Bilbao...
11h ago from CaughtOffside.com

Contract stand-off alert: Arsenal smell opportunity as...

Arsenal are plotting an ambitious move to sign the PSG superstar Ousmane...
12h ago from CaughtOffside.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.