News Details
Sauber boss admits delay in Russian rescue deal
August 8th, 2013 - Monisha Kaltenborn has admitted Sauber's Russian rescue deal is facing delays. Despite reports of an enormous investment in the struggling Swiss team by Russian government-linked entities, we reported recently that the money is yet to start flowing. Sauber's financial crisis, therefore, may not yet be over, with the German newspaper Welt reporting that Ferrari's ultimatum of a EUR 9 million engine supply bill being paid by the end of the August break is still in effect. It is suggested the entire Sauber deal has to be signed off by none other than Russian president Vladimir Putin, and as yet he not done so. Team boss Kaltenborn has admitted a delay. Welt quoted her as...
Full Story »
Full Story »
11y ago from F1Plus.com
0
You May Also Be Interested In...
Sauber boss admits delay in Russian financial rescue...
Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
11y ago from GrandPrix247.com
Sauber boss admits delay in rescue deal
Monisha Kaltenborn has admitted Sauber's Russian rescue deal is facing...
11y ago from GrandPrix.com
Sauber was never close to bankruptcy claims Kaltenborn
Team principal Monisha Kaltenborn has denied Sauber was ever close to...
11y ago from GrandPrix247.com
Deal to secure the future of the Russian Grand Prix...
The promoters of the inaugural Russian Grand Prix have moved to end the...
11y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin continues dispute with Aprilia over 2026...
Reigning MotoGP World Champion Jorge Martin has continued his 2026...
15h ago from MotorsportWeek.c...
Aleix Espargaro doesn’t understand why Aprilia would...
No description available...
17h ago from Motorsport.com
Marco Bezzecchi: It was ‘almost impossible' to...
Marco Bezzecchi settled for second place after stating that it was...
19h ago from MotorsportWeek.c...
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
RLL having to ‘unwind’ and ‘backtrack’...
Rahal Letterman Lanigan Racing is making a concerted effort to move...
6h ago from MotorsportWeek.c...
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
5d ago from MotorsportWeek.c...
Where does Santino Ferrucci see his first IndyCar win...
No description available...
4d ago from Motorsport.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
New WRC 2027 regulations draw interest from tuners and...
No description available...
17h ago from Motorsport.com
Why Ott Tanak feared final stage drama could cost his...
No description available...
2d ago from Motorsport.com
WRC Acropolis Rally: Ott Tanak ends Hyundai’s...
No description available...
2d ago from Motorsport.com
Ott Tanak ends Hyundai’s victory drought
Ott Tanak and Martin Jarveoja clinched their and Hyundai’s first...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
'At every level, he’s proven he can score goals' -...
Former Arsenal winger Perry Groves has told Mikel Arteta that Viktor...
6h ago from SportsKeeda.com
Fabrizio Romano: La Liga star ‘wants to play for...
Create your favourite Arsenal XI with our free Arsenal team builder....
7h ago from FreshArsenal.com
Report: Arsenal in ‘advanced talks' to finally...
Arsenal are closing in on their marquee striker signing of the summer....
9h ago from FreshArsenal.com
Arsenal close to reaching verbal agreement with...
Arsenal are closing in on a verbal agreement to sign in-demand Sporting...
9h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: FIA announce Lando Norris disqualification...
The FIA have issued a comprehensive verdict for... Read More »
1d ago from GPFans.com
Cadillac bombshell drops as Red Bull F1 star linked with...
A Red Bull star has emerged as a surprise target... Read More »
8h ago from GPFans.com
Lewis Hamilton disqualification proves McLaren are real...
McLaren once again asserted their F1 dominance at... Read More »
17h ago from GPFans.com
