News Details
Sauber crisis deepens as staff payments late again
Sauber has fallen behind once again with its full salary payments to its 300 staff in Switzerland. Boss Monisha Kaltenborn was not in Bahrain last weekend, amid reported talks with potential buyers and rumours cashflow problems could shortly end the struggling Hinwil based team's 23-year F1 adventure. Now, a month after similar reports about the February payments to staff, Neue Zurcher Zeitung newspaper claims Sauber has once again fallen behind for March. Team spokesman Robert Hopoltseder confirmed: 'The worries of the last few weeks are not off the table. We currently live from hand-to-mouth.' Related News Van der Garde: Sauber’s financial decision-making is bizarre Jordan advises...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Sauber may make China but struggle continues
Amid Sauber's obvious financial problems early in 2016, new media reports...
10y ago from GrandPrix247.com
Kaltenborn is in crucial talks over Sauber F1’s...
Amid Sauber's obvious financial problems early in 2016, new media reports...
10y ago from ThisIsF1.com
Sauber may not make it to the Chinese Grand Prix
In the early rounds of the 2016 Formula 1 world championship season, it...
10y ago from GrandPrix247.com
FBC Staff Picks: Bahrain GP
F1 News Rosberg leads FP2 in Bahrain evening Rosberg fastest in Bahrain...
10y ago from Formula1Blog.com
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir to test Honda’s 2027 MotoGP bike in Brno...
No description available...
4h ago from Motorsport.com
Pirelli doesn't intend to make a "Marquez"...
No description available...
2d ago from Motorsport.com
‘A World Champion cannot do a mistake like that'...
Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...
5d ago from MotorsportWeek.c...
Inside Marc Marquez’s new approach to racing after...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Longtime IndyCar team owner Dennis Reinbold passes...
Dreyer and Reinbold Racing announced Sunday that the team’s owner and...
15h ago from MotorsportWeek.c...
Longtime IndyCar team owner Dennis Reinbold passes away
No description available...
15h ago from Motorsport.com
IndyCar Officiating details infraction severity levels
IndyCar Officiating has released more specific information regarding the...
2d ago from MotorsportWeek.c...
Myles Rowe: Historic Indy NXT Win at WWTR proves ‘I...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Loeb to make traditional stage rallying...
No description available...
3d ago from Motorsport.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
1w ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
1w ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Sources rule out Chelsea from chasing top midfielder...
Chelsea are being linked with a number of targets this summer – but...
1h ago from CaughtOffside.com
Just in: Arsenal push for £50m wonderkid deal after...
Arsenal have reportedly opened preliminary talks to sign Lille midfielder...
2h ago from CaughtOffside.com
Arsenal and Man City face £100m battle to sign player...
Arsenal and Manchester City are both interested in signing Newcastle...
3h ago from CaughtOffside.com
Approach made: Arsenal step up midfielder chase after...
Arsenal have taken the first steps towards a possible summer move for AS...
5h ago from CaughtOffside.com
Comments
Hottest News
Fernando Alonso's 'last dance' - new F1 team emerges to...
Two-time world champion Fernando Alonso could... Read More »
3h ago from GPFans.com
Yuki Tsunoda U-turn after Red Bull return confirmed
Red Bull have performed a U-Turn on axed star... Read More »
1h ago from GPFans.com
Hamilton 'has been so much help in my career so far,'...
Championship leader Andrea Kimi Antonelli’s... Read More »
2h ago from F1Technical.net




























