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
Jack Miller secures new Pramac Yamaha contract for...
No description available...
3h ago from Motorsport.com
Jack Miller stays with Pramac Yamaha for 2026 MotoGP...
Pramac Yamaha has confirmed that Jack Miller will remain with the team...
2h ago from MotorsportWeek.c...
Miguel Oliveira “surprised” by Yamaha MotoGP axe,...
No description available...
41m ago from Motorsport.com
Popular On IndyCarToday.com
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
20h ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
19h ago from Motorsport.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
1d ago from MotorsportWeek.c...
IndyCar moves street race from Toronto to Markham for...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
3d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
3d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Champions League squad named: Dowman in, no place for...
Morning. It's Thursday and we're right into the Interlull now. If you want...
6h ago from Arseblog.com
Sources: Arsenal expected to make 'official move' for...
Luiz Benedetti, the young centre-back from Palmeiras, has caught the...
6h ago from CaughtOffside.com
After Peter Schmeichel slams Arsenal for ‘ugly brand...
Former Arsenal star Theo Walcott has dismissed Manchester United legend...
11m ago from SportsKeeda.com
Collymore's column: Mikel Arteta criticism, Isak and...
In his exclusive column for CaughtOffside, former Liverpool striker Stan...
11m ago from CaughtOffside.com
Comments
Hottest News
V8 comeback on the table: FIA calls manufacturers to crisis...
Formula 1’s power unit manufacturers are set... Read More »
1h ago from F1i.com
Ferrari set to pose major McLaren threat as intense Monza...
RacingNews365 technical expert Paolo Filisetti... Read More »
1h ago from RacingNews365.com
Max Verstappen Ferrari talks confirmed
It has been revealed that Max Verstappen’s team... Read More »
4h ago from GPFans.com