News Details

Pirelli still waiting for Sauber payment

Sauber’s future has been cast into further doubt after reports that the Swiss team has still not paid Pirelli for the supply of its 2013 tyres. According to the German publication, Bild am Sonntag, Sauber's debts now stand at 80 million, with 35 million of that owed to current suppliers, including Ferrari and Pirelli, who provide the team with engines and tyres. The Hinwil based teams financial problems were initially reported before the German Grand Prix, when reports arose that the team had failed to pay its star driver Nico Hulkenberg. However, a rescue package was announced in the weeks that followed, with the team set to be saved by an injection of cash from a group of Russian...
Full Story »
12y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Sauber owe money to Hulkenberg, Gutierrez, Kobayashi,...

Reports of a continuing financial crisis at Sauber are continuing to...
12y ago from GrandPrix247.com

Pirelli waiting for Sauber tyre bill

By Editor on Monday, August 12, 2013 Reports of a continuing financial...
12y ago from F1Zone.net

Lotus denies that unpaid F1 staff are threatening to...

Lotus has played down reports the Enstone based Formula 1 team is...
12y ago from GrandPrix247.com

Sauber boss admits delay in Russian financial rescue...

Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
12y ago from GrandPrix247.com

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...

Popular On IndyCarToday.com

IndyCar releases new-look 2026 IndyCar schedule

The 2026 schedule for the NTT IndyCar Series has been released, and it...

Zak Brown addresses three areas IndyCar can improve

McLaren CEO Zak Brown penned an open letter on Monday outlining his...

Popular On TotalWRC.com

Popular On GunnersToday.com

'There's no way that those guys should catch you' -...

Former Arsenal forward Thierry Henry has criticized Viktor Gyokeres's ball...
2h ago from SportsKeeda.com

Report: Arsenal and Tottenham scouting highly-rated...

Arsenal and Tottenham Hotspur are keeping tabs on the highly rated African...
1h ago from CaughtOffside.com

'Exceptional' Arsenal star might force Gunners...

The superb form of Arsenal left-back Riccardo Calafiori looks to have had...
9h ago from CaughtOffside.com

Report: Arsenal face competition from PL rivals for...

Sevilla midfielder Lucien Agoume has been linked with a move to the...
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.