News Details
Sauber hasn't paid salaries to over 300 staff workers
Midfield runner, Sauber F1 by the looks of it have gone ‘into debt' following the team not paying salaries to over 300 employees at their Swiss headquarters where the team is based. Sauber F1's team principal, Monisha Kaltenborn told the press Sauber are currently encountering financial woes, after their struggle to pay employees, and it is clear the start of the 2016 season is going to be a tough one for the Swiss outfit. Over the course of the past year, the team have encountered several mishaps and legal tussles, such as at last year's Australian Grand Prix where Giedo van der Garde took legal action against the Hinwil outfit after the Dutch driver signed a contract to race in...
Full Story »
Full Story »
You May Also Be Interested In...
Kaltenborn: Part of the February salaries are still due
Sauber is entering yet another Formula 1 season under a financial cloud,...
9y ago from GrandPrix247.com
Sauber: Yes, it is true,’We’re in trouble’
Sauber F1 boss and co-owner Monisha Kaltenboth Sauber is entering yet...
9y ago from ThisIsF1.com
Ericsson rues engine woes
Sauber's second day in the new C35 was blighted by engine troubles that...
9y ago from PlanetF1.com
Sauber release first images of new Ferrari-powered C35
Ahead of tomorrow's track debut, the Sauber F1 Team have today released...
9y ago from F1Technical.net
Elsewhere On The Network
Popular On MGPToday.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
1d ago from Motorsport.com
The consequences of Toprak Razgatlioglu's arrival in...
No description available...
1d ago from Motorsport.com
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
2d ago from Motorsport.com
Joan Mir will ‘go to bed satisfied' after...
Joan Mir admitted that he will "go to bed satisfied" after...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott McLaughlin looking to rebound after ‘lowest...
Scott McLaughlin is hopeful that he can quickly bounce back from his...
22h ago from MotorsportWeek.c...
Louis Foster gains new sponsor for rest of IndyCar...
Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...
2d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
4h ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
2d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Nico Williams player profile: Who is the electrifying...
The race to sign Nico Williams appears to be hotting up, but who is the...
39m ago from CaughtOffside.com
Report: Arsenal trying to sign wonderkid to replace...
Arsenal’s long-term interest in Jorrel Hato is heating up again, with...
19m ago from FreshArsenal.com
Report: Berta eyes 45m Serie A forward as Arsenal new...
With hopes of landing Nico Williams fading due to his high wage demands,...
2h ago from FreshArsenal.com
Contact made: Aston Villa open club-to-club talks to...
Aston Villa are reportedly now in club-to-club talks with Real Betis over...
3h ago from CaughtOffside.com
Comments
Hottest News
Another secret of McLaren dominance unearthed
Jun.13 Another secret of McLaren's dominance... Read More »
3h ago from OneStopStrategy.com
Max Verstappen clashes with reporter in feisty Sky F1...
Max Verstappen got into a heated discussion with... Read More »
2h ago from RacingNews365.com
Kimi Antonelli makes staggering F1 struggles claim: 'Water...
Zero points in the last three events has marked... Read More »
48m ago from RacingNews365.com