News Details
Sauber boss admits delay in rescue deal
Monisha Kaltenborn has admitted Sauber's Russian rescue deal is facing delays.
Despite reports of an enormous investment in the struggling Swiss team by Russian government-linked entities, we reported recently that the money is yet to start flowing.
Sauber's financial crisis, therefore, may not yet be over, with the German newspaper Welt reporting that Ferrari's ultimatum of a EUR 9 million engine supply bill being paid by the end of the August break is still in effect.
It is suggested the entire Sauber deal has to be signed off by none other than Russian president Vladimir Putin, and as yet he not done so.
Team boss Kaltenborn has admitted a delay.
Welt quoted her as saying it is only...
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13y ago from GrandPrix.com
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