News Details
Sauber confirm unpaid wages for February
Reports in Switzerland suggest that Sauber have confirmed that they haven't fully-paid their staff for the month of February. Earlier today, reports emerged from Swiss publication Blick that the Sauber employees have only received part of their salary for February, with money issues starting to become apparent for the team just a couple of weeks before the start of the new Formula One season. The reason given is a delay in payment from abroad sponsors, with Sauber team principal, Monisha Kaltenborn reportedly saying; 'Part of the February salaries is pending. I regret that immensely. 'We are currently at the most expensive time of the year. And with the transfer of a large amount...
Full Story »
Full Story »
9y ago from FormulaSpy.com
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
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 admits delay to portion of staff wages
Sauber CEO Monisha Kaltenborn had admitted a 'technical problems' with...
9y ago from Crash.net
2016 Sauber F1 may not be 100% in Australian GP –...
Felipe Nasr admits Sauber's newly-launched car may not be 100 per cent...
9y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
LCR boss reveals Honda is ‘more determined than...
LCR team owner Lucio Cecchinello has revealed that Honda is "more...
19h ago from MotorsportWeek.c...
Francesco Bagnaia explains ‘weak point' that...
Factory Ducati rider Francesco Bagania explained his "weak...
6d ago from MotorsportWeek.c...
Yamaha officially begins testing of V4 MotoGP engine
Yamaha technical director Max Bartolini has confirmed the MotoGP factory...
2d ago from MotorsportWeek.c...
Injured MotoGP champion Jorge Martin released from...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Arrow McLaren unveils new themed liveries for Indy 500
Arrow McLaren has unveiled a trio of special liveries for the upcoming...
1d ago from MotorsportWeek.c...
Arrow McLaren steps outside of the all-Papaya livery...
No description available...
1d ago from Motorsport.com
IndyCar sees 50% viewership drop on FOX after going...
No description available...
1w ago from Motorsport.com
IndyCar outlines replacement driver rules for Indy 500
The NTT IndyCar Series has released updated guidelines that will be...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson nominated as new FIA deputy...
No description available...
9m ago from Motorsport.com
FIA swearing standoff cools as stage-end interviews...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Barcelona Transfer News Roundup: Catalans narrowly...
Barcelona secured a hard-fought 1-0 win over Mallorca at the Estadi...
39m ago from SportsKeeda.com
Palace preview: A tale of two semis?
Morning. It's Crystal Palace at home this evening, and as I wrote...
2h ago from Arseblog.com
Report: Arsenal register interest in 'quality' PL star...
Arsenal have reportedly registered an interest in the potential transfer...
3h ago from CaughtOffside.com
Revealed: Arsenal & Liverpool still want 80m star...
Arsenal and Liverpool are understood to still be keen on a potential...
3h ago from CaughtOffside.com
Comments
Hottest News
Lance Stroll makes startling McLaren admission amid...
Lance Stroll made a startling admission... Read More »
2h ago from MotorsportWeek.com
F1: Marko targets Imola as turning point
Helmut Marko claims that ongoing development of... Read More »
39m ago from Pitpass.com
Vettel melts hearts after young racer reveals incredible...
A promising young racer has paid an emotional... Read More »
29m ago from GPFans.com
