News Details
Unpaid suppliers file claims against ailing Sauber
The depths of Sauber's financial problems are now beginning to emerge.
The Swiss business newspaper Handeslzeitung reports that dozens of unpaid suppliers to the struggling Hinwil based team have filed claims, totalling almost EUR 1 million.
The report said the suppliers have waited several months for their invoices to be paid, before lodging the claims against Sauber with the official Swiss debt register Betreibungsregister.
'We are very much in contact with our suppliers,' founder Peter Sauber is quoted as saying, 'and make every effort to get out of this situation as quickly as possible.'
The Swiss daily Tages-Anzeiger said Sauber, who may also owe money to engine supplier Ferrari,...
Full Story »
Full Story »
10y ago from F1Zone.net
0
You May Also Be Interested In...
Unpaid suppliers file claims against cash strapped...
Unpaid suppliers file claims against cash strapped Sauber 12 July, 2013...
10y ago from GrandPrix247.com
Sauber admits suppliers not being paid
By Editor on Monday, July 8, 2013 Peter Sauber has denied reports...
10y ago from F1Zone.net
Russian banker Rotenberg to rescue Sauber
By Editor on Sunday, July 7, 2013 Sauber could have an all-new driver...
10y ago from F1Zone.net
Russian banker Rotenberg set to rescue Sauber
Russian banker Rotenberg set to rescue Sauber 8 July, 2013 Sauber could...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
What is a wildcard in MotoGP and why is it used?
No description available...
51m ago from Motorsport.com
Yamaha to test completely new MotoGP bike at Jerez
No description available...
16h ago from Motorsport.com
Raul Fernandez set to get 2024 Aprilia MotoGP bike at...
No description available...
20h ago from Motorsport.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
McLaughlin issues statement following St. Pete...
No description available...
7h ago from Motorsport.com
McLaughlin disputes IndyCar's claim that rules...
Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...
7h ago from MotorsportWeek.c...
Full-time IndyCar move “an option” says supersub...
No description available...
10h ago from Motorsport.com
O’Ward retroactively given St. Pete win after Team...
The NTT IndyCar Series announced on Wednesday that all three Team Penske...
18h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
21h ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
19h ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
2d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Ex-Arsenal & Man Utd star RVP in advanced talks...
Former Arsenal and Manchester United striker Robin van Persie is in...
51m ago from CaughtOffside.com
'It looks a bit crass' - Mesut Ozil trying to emulate...
No description available...
2h ago from SportsKeeda.com
Arsenal in talks to sign ex-Bayern Munich attacker;...
No description available...
2h ago from SportsKeeda.com
Arsenal face huge Premier League competition for Real...
Whether or not Arsenal go on to win their first Premier League title in 20...
3h ago from CaughtOffside.com
Comments
Hottest News
Audi agree LONG-TERM F1 deal with star driver
Audi have agreed a long-term deal for the first... Read More »
1h ago from GPFans.com
Tsunoda only at VCARB at Honda's request? Jordan shares...
In his podcast together with David... Read More »
50m ago from GPBlog.com
Marko offers positive assessment of Ricciardo’s Shanghai...
Red Bull motorsport advisor Helmut Marko praised... Read More »
31m ago from F1i.com