News Details

Sauber hasn't paid salaries to over 300 staff workers

Midfield runner, Sauber F1 by the looks of it have gone ‘into debt' following the team not paying salaries to over 300 employees at their Swiss headquarters where the team is based. Sauber F1's team principal, Monisha Kaltenborn told the press Sauber are currently encountering financial woes, after their struggle to pay employees, and it is clear the start of the 2016 season is going to be a tough one for the Swiss outfit. Over the course of the past year, the team have encountered several mishaps and legal tussles, such as at last year's Australian Grand Prix where Giedo van der Garde took legal action against the Hinwil outfit after the Dutch driver signed a contract to race in...
Full Story »
10y ago from F1Hub.net 0
Share

You May Also Be Interested In...

Kaltenborn: Part of the February salaries are still due

Sauber is entering yet another Formula 1 season under a financial cloud,...
10y ago from GrandPrix247.com

Sauber: Yes, it is true,’We’re in trouble’

Sauber F1 boss and co-owner Monisha Kaltenboth Sauber is entering yet...
10y ago from ThisIsF1.com

Ericsson rues engine woes

Sauber's second day in the new C35 was blighted by engine troubles that...
10y ago from PlanetF1.com

Sauber release first images of new Ferrari-powered C35

Ahead of tomorrow's track debut, the Sauber F1 Team have today released...
10y ago from F1Technical.net

Elsewhere On The Network

Popular On MGPToday.com

‘A World Champion cannot do a mistake like that'...

Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...

Popular On IndyCarToday.com

Longtime IndyCar team owner Dennis Reinbold passes...

Dreyer and Reinbold Racing announced Sunday that the team’s owner and...
21h ago from MotorsportWeek.c...

IndyCar Officiating details infraction severity levels

IndyCar Officiating has released more specific information regarding the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsecast Extra Episode 699 – 15.06.2026

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
3h ago from Arseblog.com

PSG and Arsenal will have to break Romeo Lavia record...

Lille are set to demand a record fee for their teenage central midfielder,...
5h ago from CaughtOffside.com

Premier League teams fear Anderson deal could blow up...

Elliot Anderson is one of England's most in demand players, and his move...
4h ago from CaughtOffside.com

Sources rule out Chelsea from chasing top midfielder...

Chelsea are being linked with a number of targets this summer – but...
7h 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.