News Details
Unpaid suppliers file claims against cash strapped Sauber
Unpaid suppliers file claims against cash strapped Sauber 12 July, 2013 Sauber C32 worked on at the F1 season opener in Melbourne The depth of Sauber's financial crisis is now beginning to emerge, as Handeslzeitung reports that dozens of unpaid suppliers to the struggling Hinwil based team have filed claims, totaling almost EUR 1 million.
The report said the suppliers have waited several months for their invoices to be paid, before lodging the claims against Sauber with the official Swiss debt register Betreibungsregister.
'We are very much in contact with our suppliers,' founder Peter Sauber is quoted as saying, 'and make every effort to get out of this situation as quickly as...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Sauber admits suppliers not being paid
By Editor on Monday, July 8, 2013 Peter Sauber has denied reports...
11y ago from F1Zone.net
No financial help for Sauber - Ecclestone
Bernie Ecclestone has ruled out financial aid for Sauber after the Swiss...
11y ago from TheF1Times.com
Russian banker Rotenberg to rescue Sauber
By Editor on Sunday, July 7, 2013 Sauber could have an all-new driver...
11y ago from F1Zone.net
Russian banker Rotenberg set to rescue Sauber
Russian banker Rotenberg set to rescue Sauber 8 July, 2013 Sauber could...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Honda test rider Takaaki Nakagami to replace Luca...
Honda test rider Takaaki Nakagami has been announced as a replacement for...
58m ago from MotorsportWeek.c...
Pirelli to hold first MotoGP test in Misano with test...
No description available...
21h ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
1d ago from Motorsport.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
1d ago from Motorsport.com
Kirkwood relieved to be rid of ‘street course...
Until this weekend at World Wide Technology Raceway, all of Kyle...
20h ago from MotorsportWeek.c...
Rasmussen passes most cars in Sunday night’s IndyCar...
Christian Rasmussen put on a show for fans Sunday night, passing more...
23h ago from MotorsportWeek.c...
IndyCar Gateway – Race Results
The NTT IndyCar Series made a trip to the St. Louis area for the first...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
4d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
6d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Journalist reveals Arsenal 'priority' target, Berta...
Viktor Gyokeres continues to be linked with a move to Arsenal during the...
48m ago from CaughtOffside.com
Local media confirms Arsenal and Newcastle approach...
AS Roma defender Evan Ndicka has been linked with a move away from the...
1h ago from CaughtOffside.com
Real Madrid reject chance to sign 27-year-old star...
Real Madrid reportedly rejected the chance to sign Manchester United and...
2h ago from SportsKeeda.com
Arsenal make shock offer to sign 31-year-old star who...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
Where Ferrari must improve to capitalise on upcoming F1...
Ferrari boss Fred Vasseur has confirmed the... Read More »
48m ago from MotorsportWeek.com
F1 reveal HUGE new contract extension in official...
F1 have announced a huge new contract extension... Read More »
47m ago from GPFans.com
Lance Stroll ‘not going to get better' in 2025
Jun.17 While Fernando Alonso's smile is... Read More »
2h ago from OneStopStrategy.com
