News Details
Sauber crisis deepens as staff payments late again
Sauber has fallen behind once again with its full salary payments to its 300 staff in Switzerland. Boss Monisha Kaltenborn was not in Bahrain last weekend, amid reported talks with potential buyers and rumours cashflow problems could shortly end the struggling Hinwil based team's 23-year F1 adventure. Now, a month after similar reports about the February payments to staff, Neue Zurcher Zeitung newspaper claims Sauber has once again fallen behind for March. Team spokesman Robert Hopoltseder confirmed: 'The worries of the last few weeks are not off the table. We currently live from hand-to-mouth.' Related News Van der Garde: Sauber’s financial decision-making is bizarre Jordan advises...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Sauber may make China but struggle continues
Amid Sauber's obvious financial problems early in 2016, new media reports...
10y ago from GrandPrix247.com
Kaltenborn is in crucial talks over Sauber F1’s...
Amid Sauber's obvious financial problems early in 2016, new media reports...
10y 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...
10y ago from GrandPrix247.com
FBC Staff Picks: Bahrain GP
F1 News Rosberg leads FP2 in Bahrain evening Rosberg fastest in Bahrain...
10y ago from Formula1Blog.com
Elsewhere On The Network
Popular On MGPToday.com
Malaysian Grand Prix confirms stay on the MotoGP...
MotoGP has revealed that the championship will continue to race at the...
49m ago from MotorsportWeek.c...
Yamaha confirms Jorge Martin and Ai Ogura as 2027...
No description available...
1h ago from Motorsport.com
Yamaha announce Jorge Martin and Ai Ogura to join its...
Jorge Martin has announced he will join the factory Yamaha team ahead of...
1h ago from MotorsportWeek.c...
Fabio Quartararo shares emotional Yamaha MotoGP...
Fabio Quartararo has broken his silence on his confirmed departure from...
20h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Dennis Hauger is done playing the patient rookie: “I...
No description available...
14h ago from Motorsport.com
David Malukas: Road course gains due to hard work off...
David Malukas is still looking for his first IndyCar win, but the Team...
3d ago from MotorsportWeek.c...
Rosenqvist set to depart MSR at end of season
Recent Indianapolis 500 winner Felix Rosenqvist is set to depart Meyer...
6d ago from MotorsportWeek.c...
Winners and losers from the IndyCar race at Road...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
New WRC constructor gearing up for maiden 2027 car test
No description available...
21h ago from Motorsport.com
Penalties for Josh McErlean and Adrien Fourmaux...
Josh McErlean and Adrien Fourmaux were summoned to the Stewards office...
19h ago from MotorsportWeek.c...
Hankook may consider developing specific WRC Acropolis...
No description available...
2d ago from Motorsport.com
Elfyn Evans’ WRC championship lead grows after...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal keen to make shock signing of Premier...
Arsenal's summer transfer plans may have taken another unexpected twist,...
59m ago from FreshArsenal.com
Leandro Trossard future at Arsenal takes fresh twist...
Arsenal could face an important decision over Leandro Trossard this...
1h ago from CaughtOffside.com
'Will now start formal talks…' – Update on...
Arsenal and Chelsea have been mentioned as interested clubs as Ben Jacobs...
3h ago from CaughtOffside.com
Tottenham make World Cup attacker with Arsenal past...
Tottenham are facing major competition in their push to sign Folarin...
3h ago from CaughtOffside.com
Comments
Hottest News
F1: Newey comes clean
Adrian Newey reveals that, other than timing,... Read More »
1h ago from Pitpass.com
Christian Horner F1 return takes new twist as struggling...
Struggling F1 giant Aston Martin have reportedly... Read More »
2h ago from GPFans.com
Rachel Brookes issues poignant statement after shock Sky...
Former Sky Sports F1 presenter Rachel Brookes has... Read More »
3h ago from GPFans.com
