News Details

Sauber rescue deal in problems - report

Aug.13th, 2013 (F1plus).- After all the 'Russian rescue deal' talk, the news about Sauber is now back into a backwards slide. A week ago, amid reports Russian entities have saved the Swiss team with promised millions, boss Monisha Kaltenborn admitted there was a delay. That holdup could now run Sauber off the road, with Die Welt newspaper saying Ferrari has threatened to cut off the supply of customer engines unless part of an unpaid bill is paid imminently. And the latest news is that, with F1 tyre supplier Pirelli also not paid in 2013, "The time bomb is ticking", according to Bild correspondents Helmut Uhl and Frank Schneider. The newspaper claimed on Sunday that the entire...
Full Story »
12y ago from F1Plus.com 0
Share

You May Also Be Interested In...

Sauber boss admits delay in rescue deal

Monisha Kaltenborn has admitted Sauber's Russian rescue deal is facing...
12y ago from GrandPrix.com

Sauber boss admits delay in Russian rescue deal

August 8th, 2013 - Monisha Kaltenborn has admitted Sauber's Russian...
12y ago from F1Plus.com

Russian entity votes down Sauber rescue

By Editor on Tuesday, August 13, 2013 After all the ‘Russian rescue...
12y ago from F1Zone.net

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

MotoGP exploring options to return to China after...

MotoGP series promoter Dorna is reportedly considering a return to China...

Jorge Lorenzo shares his ‘theory' on the cause...

Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...

Popular On IndyCarToday.com

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Mick Schumacher joins RLL in IndyCar switch

Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...

Popular On TotalWRC.com

Popular On GunnersToday.com

Mikel Arteta hails ‘more reliable’ Arsenal squad...

t;li>Manager confident squad-building lessons learned He hopes Havertz...
4h ago from TheGuardian.com

Press conference questions + A trophy in December

Morning all. It's pretty non-stop at the moment, and Mikel Arteta will...
8h ago from Arseblog.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.