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
Toprak Razgatlioglu shares his ‘biggest dream'...
Following the announcement of Toprak Razgatlioglu's move to MotoGP in...
5h ago from MotorsportWeek.c...
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...
2d ago from Motorsport.com
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Scott McLaughlin looking to rebound after ‘lowest...
Scott McLaughlin is hopeful that he can quickly bounce back from his...
1d 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...
10h ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
3d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Barcelona gain advantage in race to sign Arsenal and...
Arsenal want to sign a new left winger this summer, but their chances of...
54m ago from CaughtOffside.com
'He wants' – Insider believes Arsenal will miss...
Arsenal want two new attackers to be signed this summer, but the chances...
3h ago from CaughtOffside.com
Report: Arsenal edge closer to 100m deal after making...
Arsenal appear to be well-positioned to land young Slovenian striker...
5h ago from CaughtOffside.com
Official: Real Madrid confirm signing of...
Real Madrid have officially announced the signing of Franco Mastantuono...
5h ago from CaughtOffside.com
Comments
Hottest News
LIVE: 2025 F1 Canadian Grand Prix - Free Practice 1
Follow live with all the action from Free... Read More »
3h ago from RacingNews365.com
F1 2025 Canadian Grand Prix – FP1 Results
Max Verstappen clocked the quickest time in the... Read More »
1h ago from MotorsportWeek.com
Max Verstappen quickest in Canada FP1 as Charles Leclerc...
Max Verstappen went fastest in FP1 for the F1... Read More »
54m ago from MotorsportWeek.com
