News Details

Sauber's rescue deal taking time

Sauber boss Monisha Kaltenborn has admitted the so-called 'Russian rescue deal' has not solved all of the Swiss team's problems. Although it emerged recently that Russian rubles have started to flow, Swiss business newspaper Handelszeitung reported that in fact more unpaid suppliers have filed prosecutions against Sauber with the national debt register. "In the Handelszeitung there were things reported that are not true," boss Kaltenborn told Speed Week at Monza. "We have already said that we are in a challenging situation. "Through this (Russian) partnership, there is an upward trend, but it takes time," she explained. "It has been a noticeable step for us and...
Full Story »
12y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

More creditors pressure Sauber with legal action

More creditors pressure Sauber with legal action 5 September, 2013 Tough...
12y ago from GrandPrix247.com

More creditors press on Sauber, Frijns departs

Long after news of the Swiss team's 'Russian rescue deal', Sauber is still...
12y ago from GrandPrix.com

Sauber and Frijns part company for 2014

Sauber reserve driver Robin Frijns will not be retained by the Swiss team...
12y ago from RichlandF1.com

Sirotkin will be at Monza with Sauber

September 4th, 2013 (F1plus).- Sauber will have a fourth driver on hand...
12y ago from F1Plus.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez ‘at peace' after securing 2025...

Factory Ducati rider Marc Marquez was lost for words after clinching his...

Popular On IndyCarToday.com

Mick Schumacher set for IndyCar test with RLL

Rahal Letterman Lanigan Racing has announced that it will bring in Mick...

Andretti hires ex-Penske director Ron Ruzewski as...

Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...

Popular On TotalWRC.com

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

Sky journo predicts ruthless Mikel Arteta reaction...

The Premier League never fails to produce drama, and Arsenal’s clash...
59m ago from CaughtOffside.com

'He will be EMBARRASSED!' | Gabriel and Woltemade...

Les Ferdinand claims Gabriel will be embarrassed watching the goal back...
49m ago from SkySports.com

Newcastle v Arsenal – live blog

Join us for live blog coverage of our Premier League clash with Newcastle...
2h ago from Arseblog.com

'What's with the gimmick', 'Why is he always starting'...

Arsenal fans on X are questioning manager Mikel Arteta's decision to start...
2h 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.