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...
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11y ago from GrandPrix247.com
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