News Details
Unpaid Ferrari could switch off Sauber engines
By Editor on Monday, July 15, 2013 Embattled Sauber could have its engine power switched off permanently on the day after the forthcoming Hungarian grand prix.
Germany's Die Welt newspaper reports that the Swiss team is now EUR 15 million behind in its due payments to customer engine supplier Ferrari.
The report said Ferrari has issued Sauber an ultimatum: pay at least EUR 8 million of the overdue bill by 29 July – the first day of the ‘summer break' – or have the supply of 2.4 litre V8 engines switched off.
Peter Sauber told the Swiss newspaper Sonntagsblick: 'That's nonsense.'
But if it does happen, the Hinwil based team – reportedly in debt to the tune of almost...
Full Story »
Full Story »
12y ago from F1Zone.net
0
You May Also Be Interested In...
Sauber boss says Ferrari will not stop engine supply...
Sauber boss says Ferrari will not stop engine supply due to unpaid bills...
12y ago from GrandPrix247.com
Unpaid suppliers file claims against cash strapped...
Unpaid suppliers file claims against cash strapped Sauber 12 July, 2013...
13y ago from GrandPrix247.com
Fangio’s Mercedes sold for £17.5 million
A Mercedes W196 driven by five-time Formula One world champion Juan Manuel...
12y ago from GPUpdate.net
Unpaid suppliers file claims against ailing Sauber
The depths of Sauber's financial problems are now beginning to emerge....
13y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Fabio Di Giannantonio refuses to dwell on Sachsenring...
VR46 Ducati rider Fabio Di Giannantonio refuses to let his Sachsenring...
6h ago from MotorsportWeek.c...
MotoGP's single-bike proposal on brink of collapse
No description available...
8h ago from Motorsport.com
'Surgery would have ruined my season completely,' says...
No description available...
10h ago from Motorsport.com
Unravelling Fabio Di Giannantonio's crashes at the...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
President Donald Trump meets with IndyCar drivers in...
No description available...
23h ago from Motorsport.com
IndyCar video game delayed until 2027
iRacing and IndyCar have announced more details surrounding the upcoming...
4d ago from MotorsportWeek.c...
iRacing’s standalone IndyCar game now has a name and...
No description available...
4d ago from Motorsport.com
Winners and losers from the IndyCar race at Mid-Ohio
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Arvid Lindblad keen on rally future post-F1 after...
No description available...
1d ago from Motorsport.com
Toyota customer teams line up for new 2027 WRC car
No description available...
4d ago from Motorsport.com
Rome completes key milestone in pursuit of 2027 WRC...
No description available...
4d ago from Motorsport.com
Lancia turn to Martins Sesks, Teemu Suninen to help...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'Looks absolutely fine' – positive update on...
Declan Rice is looking better after a recent battle with a sickness bug...
1h ago from CaughtOffside.com
'Fresh contacts' – Arsenal have directly...
Arsenal have reportedly had fresh contacts over a potential transfer deal...
28m ago from CaughtOffside.com
Arsenal eye statement signing of 22-goal star with...
Arsenal are hoping to sign Christos Tzolis from Club Brugge during the...
2h ago from CaughtOffside.com
Chelsea launch talks with 18-year-old attacker on...
Chelsea are hoping to agree on a new contract with Sol Gordon. The...
3h ago from CaughtOffside.com
Comments
Hottest News
Fernando Alonso's astonishing demands to 'block Lewis...
Fernando Alonso's former race engineer Mark Slade... Read More »
37m ago from GPFans.com
Lewis Hamilton reveals clear the air talks with Ferrari...
Lewis Hamilton has revealed that he has held... Read More »
2h ago from GPFans.com
Ferrari boss reveals what Charles Leclerc ‘unlocked'...
Charles Leclerc's F1 British GP win "will... Read More »
2h ago from MotorsportWeek.com



























