News Details

Sauber insists it will overcome financial problems

Sauber acknowledged it is going through a 'difficult situation' related to its finances but said Friday it will remain in the sport in 2014. The team, which has been in the sport for two decades, has found itself in the spotlight in the past few weeks over reports that it hasn't paid suppliers and could run out of money before the end of the year. It also has reportedly been struggling to find a deep-pocketed sponsor to ensure it will remain afloat this season. 'Sauber has been in Formula 1 for more than 20 years,' team spokesman Hanspeter Brack told The Associated Press in an email. 'We will overcome this difficult situation, and we will be there in 2014.' Brack declined to give details...
Full Story »
12y ago from F1Pulse.com 0
Share

You May Also Be Interested In...

Sauber vow to overcome financial problems

Formula One team Sauber acknowledged it is going through a "difficult...
12y ago from SuperSport.com

Hulkenberg terminates his Sauber contract

Nico Hulkenberg is free to leave the Sauber outfit with immediate effect...
12y ago from TheF1Times.com

No financial help for Sauber - Ecclestone

Bernie Ecclestone has ruled out financial aid for Sauber after the Swiss...
12y ago from TheF1Times.com

Kaltenborn: It s not the ideal situation

Team principal Monisha Kaltenborn admits that Sauber's current financial...
12y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez: Misano MotoGP victory was the...

Marc Marquez bounced back from his first MotoGP Sprint race retirement of...
22h ago from MotorsportWeek.c...

Pedro Acosta tops final in-season MotoGP test in Misano

Factory KTM rider Pedro Acosta recovered from a disappointing San Marino...
15h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Zak Brown addresses three areas IndyCar can improve

McLaren CEO Zak Brown penned an open letter on Monday outlining his...
10h ago from MotorsportWeek.c...

IndyCar rules out Mexico City race for 2026

The NTT IndyCar Series has announced that Mexico City will not be...

Robert Shwartzman refutes rumors about unhappiness in...

Robert Shwartzman has denied that he is unhappy in IndyCar after wrapping...

Popular On TotalWRC.com

Popular On GunnersToday.com

Will Arteta shuffle the pack a bit as the Champions...

Morning. Our Champions League campaign kicks off this evening with a first...
1h ago from Arseblog.com

Sources: Arsenal move to secure defender deal with...

Arsenal are ramping up efforts to tie down William Saliba, who has emerged...
2h ago from CaughtOffside.com

Arteta believes Arsenal are ‘good enough’ to end...

t;li>Club have spent £250m since last season’s semi-final...
12h ago from TheGuardian.com

'It's a bit of an advantage' -Athletic Club boss...

Athletic Club manager Ernesto Valverde has revealed that Mikel Merino and...
14h ago from SportsKeeda.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.