News Details
Sauber late with February staff payments
– Sauber staff have not been paid in full for the month of February as a result of cashflow problems.Sauber has struggled financially in recent seasons and, less than two weeks before the 2016 campaign gets under way with the Australian Grand Prix, the outfit has admitted that it is behind with salary payments.Staff have been given a portion of their salaries for February, until the situation is resolved."Part of the February salaries are still due," a team spokesperson confirmed to GPUpdate.net.Sauber was one of two teams, alongside Force India, to lodge an EU complaint towards the end of last year, claiming that there is an "unfair" and "unlawful"...
Full Story »
Full Story »
10y ago from GPUpdate.net
0
You May Also Be Interested In...
Sauber hasn't paid salaries to over 300 staff workers
Midfield runner, Sauber F1 by the looks of it have gone ‘into debt'...
10y ago from F1Hub.net
Sauber admits delay to portion of staff wages
Sauber CEO Monisha Kaltenborn had admitted a 'technical problems' with...
10y ago from Crash.net
Kaltenborn: Part of the February salaries are still due
Sauber is entering yet another Formula 1 season under a financial cloud,...
10y ago from GrandPrix247.com
Feature: Ericsson looks to build with Sauber
Sauber F1 Team Marcus Ericsson is sat in his full race suit, his...
10y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia undergoes successful arm surgery,...
No description available...
2h ago from Motorsport.com
Francesco Bagnaia: Wrong to say ‘no one wants to win...
No description available...
7h ago from Motorsport.com
Aprilia moves up one level in MotoGP concessions;...
No description available...
11h ago from Motorsport.com
Fabio Di Giannantonio refuses to dwell on Sachsenring...
VR46 Ducati rider Fabio Di Giannantonio refuses to let his Sachsenring...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FIFA World Cup Final drama and shifting start times...
No description available...
1h ago from Motorsport.com
Pato O’Ward labels Scott Dixon ‘perfect person to...
Pato O’Ward is looking forward to being able to learn new tips and...
4h ago from MotorsportWeek.c...
Kyffin Simpson aims to replicate 2025 Nashville...
No description available...
23h ago from Motorsport.com
President Donald Trump meets with IndyCar drivers in...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Estonia’s new condensed WRC format “a good...
No description available...
7h ago from Motorsport.com
Arvid Lindblad keen on rally future post-F1 after...
No description available...
2d ago from Motorsport.com
Toyota customer teams line up for new 2027 WRC car
No description available...
5d ago from Motorsport.com
Rome completes key milestone in pursuit of 2027 WRC...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Video: Declan Rice praises 'incredible' Arsenal...
Arsenal midfielder Declan Rice has praised the 'incredible' Morgan Rogers...
1h ago from CaughtOffside.com
Update: Contacts held as clubs queue up to sign...
Arsenal winger Gabriel Martinelli is reportedly attracting transfer...
3h ago from CaughtOffside.com
New talks held: Man City communicate plans to £85m...
Manchester City have reportedly intensified talks over signing Lille...
6h ago from CaughtOffside.com
Arsenal to 'accelerate' talks for £35m starlet after...
Arsenal are stepping up their chase for Christos Tzolis, with the attacker...
9h ago from CaughtOffside.com
Comments
Hottest News
George Russell delivers ‘not easy' verdict on radical...
George Russell has responded to Carlos Sainz's... Read More »
1h ago from MotorsportWeek.com
Meet the brilliant F1 star who doesn't even have a driving...
Formula 1 is still regarded as the pinnacle of... Read More »
1h ago from GPFans.com
Red Bull told to replace Max Verstappen with F1 'gem', but...
Red Bull have been told to replace four-time... Read More »
2h ago from GPFans.com
