News Details
Sauber presence in Melbourne not in doubt despite late staff payments
XPB Images
Sauber CEO Monisha Kaltenborn acknowledged that the Swiss outfit had not yet paid in full the February wages of its staff. Cash-flow difficulties which emerged for the Hinwill-based outfit last year had led it to ask F1 boss Bernie Ecclestone for an advance on championship payments in November. Still, the team's financial woes lingered forcing a slight manufacturing delay of its 2016 challenger, Sauber introducing its C35 during the second week of pre-season testing in Barcelona. "Some of the February salaries are still outstanding," CEO Kaltenborn told Blick media. "I deeply regret that. “It’s tense. Right now, it’s the most cost-intensive time...
Full Story »
Full Story »
You May Also Be Interested In...
Sauber F1 future is “extremely uncertain”
Sauber will race in Melbourne next weekend, notwithstanding the financial...
9y ago from ThisIsF1.com
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 staff not paid in full
Sauber have confirmed to Sky Sports that the team haven't paid their staff...
9y ago from SkySports.com
Sauber confident of resolving cash flow problem
Sauber confident its financial plight will be resolved Sauber boss...
9y ago from SpeedCafe.com
Elsewhere On The Network
Popular On MGPToday.com
2025 MotoGP Malaysian Grand Prix – How to watch,...
No description available...
1h ago from Motorsport.com
Fermin Aldeguer tops rain-affected opening Malaysian...
Fermin Aldeguer began the Malaysian MotoGP weekend the strongest by...
4h ago from MotorsportWeek.c...
'I doubt there is a bike that can challenge Marc...
No description available...
19h ago from Motorsport.com
MotoGP rule change forbids riders from remounting...
No description available...
21h ago from Motorsport.com
Popular On IndyCarToday.com
Mark Miles teases possible non-championship...
IndyCar is largely considered a North American championship, with races...
1d ago from MotorsportWeek.c...
IndyCar tire, brake testing completed on IMS oval
IndyCar staged a test at the Indianapolis Motor Speedway on Tuesday and...
1d ago from MotorsportWeek.c...
Enzo Fittipaldi hails ‘productive’ test with Arrow...
Enzo Fittipaldi completed an IndyCar test with Arrow McLaren last week,...
3d ago from MotorsportWeek.c...
Mick Schumacher is “very open” to exploring an...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Elfyn Evans: WRC points lead “guarantees absolutely...
No description available...
21h ago from Motorsport.com
Lancia confirms 2026 WRC2 entry with the new Ypsilon...
Lancia will return to the World Rally Championship next year with the new...
2d ago from MotorsportWeek.c...
M-Sport favours new WRC car build over upgraded Rally2...
No description available...
2d ago from Motorsport.com
Martins Sesks rejoins M-Sport for WRC Saudi Arabia...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
“Their defence is the whole team” - Gary Neville...
Manchester United legend Gary Neville does not think Crystal Palace will...
2h ago from SportsKeeda.com
Eze learning quickly at Arsenal but where should he...
Mikel Arteta referenced "very unusual giveaways that caused...
39m ago from SkySports.com
“He’s become their main man” - Danny Murphy...
Pundit Danny Murphy has named Arsenal midfielder Declan Rice as the main...
2h ago from SportsKeeda.com
Can Jesus rise again?
Morning. A quick Friday morning blog for you. If I say the name Gabriel,...
3h ago from Arseblog.com
Comments
Hottest News
Who is Antonio Fuoco? Lewis Hamilton's replacement at...
This weekend's F1 Mexican Grand Prix will see... Read More »
49m ago from GPFans.com
Audi faces engine doubts, Perez to test Ferrari
Oct.24 Alarming rumours about Audi's preparation... Read More »
1h ago from OneStopStrategy.com
FIA issue statement as cost cap violation rumours gain...
The FIA has published a statement in response to... Read More »
4h ago from RacingNews365.com






























