News Details
Sauber late with February staff payments
– Sauber staff have not been paid in full for the month of February as a result of cashflow problems.Sauber has struggled financially in recent seasons and, less than two weeks before the 2016 campaign gets under way with the Australian Grand Prix, the outfit has admitted that it is behind with salary payments.Staff have been given a portion of their salaries for February, until the situation is resolved."Part of the February salaries are still due," a team spokesperson confirmed to GPUpdate.net.Sauber was one of two teams, alongside Force India, to lodge an EU complaint towards the end of last year, claiming that there is an "unfair" and "unlawful"...
Full Story »
Full Story »
9y ago from GPUpdate.net
0
You May Also Be Interested In...
Sauber hasn't paid salaries to over 300 staff workers
Midfield runner, Sauber F1 by the looks of it have gone ‘into debt'...
9y ago from F1Hub.net
Sauber admits delay to portion of staff wages
Sauber CEO Monisha Kaltenborn had admitted a 'technical problems' with...
9y ago from Crash.net
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
Feature: Ericsson looks to build with Sauber
Sauber F1 Team Marcus Ericsson is sat in his full race suit, his...
9y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez reveals ‘worry’ over Fermin Aldeguer...
Marc Marquez admits rookie Fermin Aldeguer was his biggest concern en...
3h ago from MotorsportWeek.c...
Diogo Moreira targets factory MotoGP spot in potential...
No description available...
4h ago from Motorsport.com
Winners and losers from MotoGP's Austrian Grand Prix
No description available...
7h ago from Motorsport.com
Pecco Bagnaia demands answers from Ducati: “I’m...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
MSR extends Marcus Armstrong contract for 2026 IndyCar...
Meyer Shank Racing announced on Monday that it will keep Marcus Armstrong...
1h ago from MotorsportWeek.c...
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
21m ago from Motorsport.com
Strongest season yet for Pato O’Ward has been...
Pato O’Ward is having the best IndyCar season of his career, and is...
2d ago from MotorsportWeek.c...
McLaren to auction future F1, IndyCar and WEC cars in...
McLaren is to auction future F1, IndyCar and World Endurance Championship...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
3d ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
5d ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
6d ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Barcelona hero Andres Iniesta once snubbed Lionel...
Barcelona legend Andres Iniesta once snubbed Lionel Messi while naming his...
1h ago from SportsKeeda.com
“We never spoke” - Arsenal star Riccardo Calafiori...
Arsenal defender Riccardo Calafiori has outlined why he didn't text...
3h ago from SportsKeeda.com
Arsenal latest: Gunners open to offers for five players
No description available...
2h ago from SkySports.com
Insider provides worrying Arsenal update amid West Ham...
Arsenal are hoping to make a number of sales between now and the end of...
3h ago from CaughtOffside.com
Comments
Hottest News
Racing star confirms imminent F1 return
A racing star has confirmed that they will return... Read More »
50m ago from GPFans.com
Cadillac F1 hopeful suffers blow as target time missed
Cadillac F1 seat hopeful Valtteri Bottas suffered... Read More »
6h ago from GPFans.com
Sainz: Williams has ‘exceeded my expectations” despite...
Carlos Sainz insists he has no second thoughts... Read More »
2h ago from F1i.com