News Details

Sauber Russian rescue deal taking time admits Kaltenborn

Sauber Russian rescue deal taking time admits Kaltenborn 6 September, 2013 Monisha Kaltenborn Sauber team boss Monisha Kaltenborn has admitted the so-called Russian rescue deal has not solved all of the Swiss team's financial 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...
Full Story »
12y ago from GrandPrix247.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

Sauber's rescue deal taking time

Sauber boss Monisha Kaltenborn has admitted the so-called 'Russian rescue...
12y ago from GrandPrix.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

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

Popular On IndyCarToday.com

Chip Ganassi ‘couldn’t be happier’ with...

Ahead of this season, the NTT IndyCar Series created an independent...

Katherine Legge previews extreme planning to complete...

Katherine Legge is preparing to become the first woman to attempt The...
20h ago from MotorsportWeek.c...

Newgarden fastest in frantic Carb Day practice

The NTT IndyCar Series held its traditional final Indy 500 practice...
23h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Starmer asks TNT Sports to make Champions League final...

ch between PM’s favourite Arsenal and Paris Saint-Germain marks first...
34m ago from TheGuardian.com

“Pleasure to have shard a dressing room with you”...

Arsenal goalkeeper has reacted to Karl Hein's post after he announced his...
2h ago from SportsKeeda.com

Tactics Column: How Arteta and Arsenal won the Premier...

Around five-and-a-half years ago, Arsenal were 15th in the Premier League...
5h ago from Arseblog.com

'Absolute travesty' - Piers Morgan furiously reacts as...

Arsenal fan Piers Morgan has slammed the decision to name Manchester...
4h 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.