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Sauber pays overdue salaries to their staff

F1 Latest News: Sauber has paid all February salaries to their staff members at their Swiss base following cash flow problems incurred by the team which had left a number of salaries unpaid for the month of February and caused future uncertainty in the team. Like Lotus F1's cash flow problems last year, by the looks of it Sauber are now incurring serious financial problems at the start of the season, where it is understood initial costs are very high due to the production of their 2016 challenger. Eurosport reveal that Sauber was one of the teams on the grid that requested F1 supremo, Bernie Ecclestone to give them an advance payment on their championship payments which comes in at the...
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9y ago from F1Hub.net 0
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