News Details

Sauber admits delay to portion of staff wages

Sauber CEO Monisha Kaltenborn had admitted a 'technical problems' with the arrival of sponsorship has prompted a delay in payment to a portion of its staff. The Swiss team has endured a tough start to the 2016 F1 season after having to wait until the second pre-season test to give its C35 its track debut, though it insists it is ready for the Australian Grand Prix. However, a report in the Swiss Blick newspaper revealed a problem receiving sponsorship payments from drivers Marcus Ericsson and Felipe Nasr have had a knock-on effect with the team staff. However, Kaltenborn insists it is an unfortunate eventuality rather than a sign of something worse to come. "Yes it's right. Part of...
Full Story »
9y ago from Crash.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,...
9y ago from GrandPrix247.com

Sauber hasn't paid salaries to over 300 staff workers

Midfield runner, Sauber F1 by the looks of it have gone ‘into debt'...
9y ago from F1Hub.net

Sauber target Formula 1 midfield

As Sauber introduced their C35 to the world, Monisha Kaltenborn spoke of...
9y ago from PlanetF1.com

Sauber unveils C35-Ferrari online

Sauber F1 Team Sauber has become the final team to unveil its 2016...
9y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Joan Mir: ‘Everyone cannot sleep’ because of 2027...

Joan Mir suggested that rumours about the 2027 MotoGP rider market are...

Marco Bezzecchi satisfied with ‘smaller’...

Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...

Popular On IndyCarToday.com

Romain Grosjean returns to IndyCar with full time seat...

Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...

Honda confirms early discussions for 2028 factory...

Honda, one of two engine manufacturers that supply IndyCar, has confirmed...

Popular On TotalWRC.com

Elfyn Evans in charge on Rally Sweden

Ice, sunshine and flat-out driving was the order of the day on Rally...
10h ago from MotorsportWeek.c...

Popular On GunnersToday.com

'Expecting more if I'm an Arsenal fan' - Michael Owen...

Former Manchester United striker Michael Owen has said that striker Viktor...
2m ago from SportsKeeda.com

Liverpool icon Didi Hamann claims he can see Arsenal...

Former Liverpool midfielder Dietmar Hamann believes Bayern Munich can stop...
16h ago from SportsKeeda.com

Sources: Liverpool 'frontrunners' for £95m-rated...

Liverpool are currently looking like the early frontrunners for a...
20h ago from CaughtOffside.com

“Ultimately, I didn’t like him” - Dirk Kuyt...

Former Liverpool forward Dirk Kuyt shared his thoughts on former Reds...
20h 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.