News Details
Sauber confirm unpaid wages for February
Reports in Switzerland suggest that Sauber have confirmed that they haven't fully-paid their staff for the month of February. Earlier today, reports emerged from Swiss publication Blick that the Sauber employees have only received part of their salary for February, with money issues starting to become apparent for the team just a couple of weeks before the start of the new Formula One season. The reason given is a delay in payment from abroad sponsors, with Sauber team principal, Monisha Kaltenborn reportedly saying; 'Part of the February salaries is pending. I regret that immensely. 'We are currently at the most expensive time of the year. And with the transfer of a large amount...
Full Story »
Full Story »
10y ago from FormulaSpy.com
0
You May Also Be Interested In...
Sauber hasn't paid salaries to over 300 staff workers
Midfield runner, Sauber F1 by the looks of it have gone ‘into debt'...
10y ago from F1Hub.net
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 admits delay to portion of staff wages
Sauber CEO Monisha Kaltenborn had admitted a 'technical problems' with...
10y ago from Crash.net
2016 Sauber F1 may not be 100% in Australian GP –...
Felipe Nasr admits Sauber's newly-launched car may not be 100 per cent...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP legend shares how ‘different level’ Marc...
Five-time 500cc champion Mick Doohan believes the way Marc Marquez...
23m ago from MotorsportWeek.c...
Fabio Quartararo staying “a little bit out” of...
No description available...
2h ago from Motorsport.com
Trackhouse boss reveals steps MotoGP must take to...
Trackhouse owner Justin Marks has revealed how he plans to promote his...
1d ago from MotorsportWeek.c...
Alex Marquez still involved in Ducati’s MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Exclusive Q&A: Mick Schumacher believes 'great things...
No description available...
19h ago from Motorsport.com
Experienced engineer Mike O’Gara joins IndyCar as...
IndyCar has announced that Mike O’Gara has joined the series as Vice...
21h ago from MotorsportWeek.c...
Mike O’Gara named IndyCar’s Vice President of...
No description available...
22h ago from Motorsport.com
Christian Lundgaard: Bye week a chance to “unite”...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
20h ago from Motorsport.com
Why WRC Croatia victory was “quite special” for...
No description available...
2d ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
'Bring it on' – Declan Rice makes strong...
Arsenal midfielder Declan Rice has sent a strong message ahead of the huge...
53m ago from CaughtOffside.com
Declan Rice demands Arsenal improve for title showdown...
t;li>‘Etihad is the ultimate test – bring it on,’ says...
33m ago from TheGuardian.com
Arsenal ready to sell Kai Havertz and Gabriel Jesus as...
Arsenal are reportedly open to selling Kai Havertz and Gabriel Jesus this...
53m ago from SportsKeeda.com
Swap deal: Arsenal given perfect opportunity to beat...
Arsenal have a problem in attack right now, even if they are just about...
1h ago from CaughtOffside.com
Comments
Hottest News
McLaren Miami Grand Prix plans in tatters after F1 2026...
The upcoming Miami Grand Prix was supposed to be... Read More »
2h ago from GPFans.com
Red Bull hit with brutal assessment over Max Verstappen...
Crisis mode at Red Bull continues with Gianpiero... Read More »
1h ago from RacingNews365.com
F1 president issues Max Verstappen quit threat warning
F1 president Stefano Domenicali has once again... Read More »
1h ago from GPFans.com
