News Details
Sauber confident of resolving cash flow problem
Sauber confident its financial plight will be resolved Sauber boss Monisha Kaltenborn is confident the team will resolve its cash flow issues which has seen staff awaiting payments for February. The Swiss outfit has confirmed that some of its team members are yet to be paid for last month as it prepares for the opening round of the season in Melbourne next week. According to Kaltenborn the team is still awaiting payment from a new title sponsor, which has compounded the squad's financial plight. The midfield operation grabbed headlines in the lead up to last year’s Australian Grand Prix when it was involved in a legal wrangle with driver Giedo van der Garde. It has been reported that...
Full Story »
Full Story »
9y ago from SpeedCafe.com
0
You May Also Be Interested In...
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
Sauber late with February staff payments
– Sauber staff have not been paid in full for the month of February...
9y ago from GPUpdate.net
Sauber confirm unpaid wages for February
Reports in Switzerland suggest that Sauber have confirmed that they...
9y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta admits fourth at Aragon MotoGP ‘not...
Despite matching his best result of the 2025 MotoGP season, Pedro Acosta...
1h ago from MotorsportWeek.c...
Maverick Vinales tops the timesheets at Aragon MotoGP...
Tech3 KTM rider Maverick Vinales topped the timesheets after breaking the...
15h ago from MotorsportWeek.c...
Rider radios tried again in Aragon MotoGP test
No description available...
19h ago from Motorsport.com
Francesco Bagnaia: Aragon MotoGP podium result feels...
A third-place finish for Francesco Bagnaia "felt like a...
21h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
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...
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
1w ago from MotorsportWeek.c...
Detroit GP expected to remain downtown amid potential...
Following the conclusion of the Detroit Grand Prix, organizers have...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
1d ago from Motorsport.com
Redemption for Ogier
One year on from losing victory on the final stage of Rally Italia...
1d ago from MotorsportWeek.c...
Amid losing streak, Hyundai accepts “consequences”...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal enter race to sign £70 million-rated PL star...
Arsenal have reportedly inquired about signing Chelsea target Alejandro...
1h ago from SportsKeeda.com
'He can do that in the Premier League' – Manchester...
No description available...
2h ago from SportsKeeda.com
Martin Zubimendi makes Arsenal decision amid Real...
Real Sociedad star Martin Zubimendi has reportedly decided to join Arsenal...
1h ago from SportsKeeda.com
'Done & signed' – David Ornstein calms...
Arsenal's transfer move for Martin Zubimendi is done and signed, according...
3h ago from CaughtOffside.com
Comments
Hottest News
Russell says F1 fans would be ‘unhappy' with Raikkonen
Jun.10 Finnish newspapers are not impressed... Read More »
2h ago from OneStopStrategy.com
How Adrian Newey's influence has brought a ‘total...
Former F1 driver and Aston Martin ambassador... Read More »
3h ago from MotorsportWeek.com
Two names linked with top job at Alpine
Jun.10 Two names have been mentioned amid... Read More »
2h ago from OneStopStrategy.com