News Details

Kaltenborn: We are in the process of defusing the situation

Monisha Kaltenborn has revealed that Sauber management is working hard to find 'a lasting solution' to its glaring financial problems whicha have captured headlines for most of this month. The struggling Swiss team was late to pay wages to its 300 staff in February and March, with driver Felipe Nasr also revealing that the delayed launch of the 2016 car was due to 'non-payment of suppliers'. Brazilian Nasr left Bahrain last weekend vocally unhappy that his car was not up to scratch with that raced by teammate Marcus Ericsson. 'Marcus is using the chassis that we had in Barcelona and it works well,' he told Globo. 'Mine is new and, as I said, it was only assembled in Albert Park. 'Now they...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Kaltenborn skips Bahrain amid Sauber’s financial...

In the early rounds of the 2016 season, Sauber is clinging to mere...
9y ago from ThisIsF1.com

Sauber crisis deepens as staff payments late again

Sauber has fallen behind once again with its full salary payments to its...
9y ago from GrandPrix247.com

Sauber F1 late with staff salaries again

Sauber has fallen behind once again with its full salary payments to its...
9y 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...
9y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

McLaren eyes Fernando Alonso reunion to complete...

Zak Brown has said he will "continue to bug" Fernando Alonso to...

Arrow McLaren unveils liveries for 2026 IndyCar...

Arrow McLaren has taken the wraps off its trio of challengers for the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal fans will love what Martin Zubimendi was...

Martin Zubimendi was on the target for Arsenal for the second successive...
26m ago from CaughtOffside.com

Alvarez up front, no Odegaard: Arsenal's stunning...

Arsenal's XI next season could be even better than the one topping the...
1h ago from CaughtOffside.com

Gyökeres double keeps Arsenal on title track in...

re are times when the best thing for a side is an uneventful win. Titles...
4h ago from TheGuardian.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.