News Details

Sauber admits suppliers not being paid

By Editor on Monday, July 8, 2013 Peter Sauber has denied reports employees of his struggling Swiss team are going without pay. It is reported that, because he has not been paid his contractual instalments for May or June, Nico Hulkenberg has terminated his 2013 deal and is therefore free to switch to another team at any moment. 'Basically, I won't talk about contracts,' Sauber told Swiss television Sportpanorama. 'But I am convinced that Nico will be with us in the second half of the season.' The Sonntagszeitung newspaper claims sponsor Oerlikon, and perhaps some other Sauber sponsors, has provided 'emergency relief' to the tune of a mid-six figure to the Hinwil based team. 'It is very...
Full Story »
11y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Hulkenberg not paid by struggling Sauber

Nico Hulkenberg is the victim of a financial crisis at Swiss team Sauber,...
11y ago from GrandPrix.com

Rumour - Russian banker Rotenberg to rescue Sauber

July 7th, 2013 .- Sauber could have an all-new driver lineup next year,...
11y ago from F1Plus.com

Rumours swirl around struggling Sauber's future

July 6th, 2013 Having confirmed its financial problems, the rumours...
11y ago from F1Plus.com

Hulkenberg boosts Sauber team spirits with P10

Sauber's Nico Hulkenberg managed to take a 'hard earned point' during the...
11y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Kirkwood relieved to be rid of ‘street course...

Until this weekend at World Wide Technology Raceway, all of Kyle...

Rasmussen passes most cars in Sunday night’s IndyCar...

Christian Rasmussen put on a show for fans Sunday night, passing more...

Popular On TotalWRC.com

Popular On GunnersToday.com

'I'd have him for sure' – Arsenal backed to sign...

Arsenal want to sign a new left winger this summer, and they have been...
1h ago from CaughtOffside.com

PL club eyeing up summer move for Arsenal star valued...

Arsenal star Oleksandr Zinchenko has reportedly emerged as a target for...
1h ago from SportsKeeda.com

Arsenal target two Premier League central defenders...

Arsenal have plenty to do in attack this summer, but they are still keen...
1h ago from FreshArsenal.com

Sources: Arsenal contract talks on the verge of...

Arsenal want to build a squad capable of winning the Premier League and...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.