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Sauber admits difficult phase but adamant future is in F1
Sauber admits difficult phase but adamant future is in F1 30 June, 2013 Monisha Kaltenborn with Peter Sauber Sauber has allayed fears a financial crisis could see the Swiss team exit Formula 1 before the 2013 season is out.
A constant presence in Formula 1 since 1993, the Hinwil based squad lost its works BMW backing at the end of 2009 and ever since has been among the sport's struggling privateers.
This year, Sauber unveiled an uncompetitive Ferrari-powered C32, but promised to develop and improve it.
'For financial reasons, development of the car has stopped,' revealed authoritative Swiss correspondent for the Blick newspaper, Roger Benoit.
There are rumours bills are going unpaid, and...
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12y ago from GrandPrix247.com
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