News Details
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...
Full Story »
Full Story »
You May Also Be Interested In...
Sauber confident of resolving cash flow problem
Sauber confident its financial plight will be resolved Sauber boss...
9y ago from SpeedCafe.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
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
Elsewhere On The Network
Popular On MGPToday.com
Honda in conundrum over Somkiat Chantra stand-in for...
No description available...
19h ago from Motorsport.com
BMW admits 2027 MotoGP entry “not viable” as it...
No description available...
1d ago from Motorsport.com
Why 2026 is the right time for Ducati to field six...
No description available...
2d ago from Motorsport.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Christian Lundgaard earns IndyCar pole, will start...
Drivers of the NTT IndyCar Series took to Portland International Raceway...
10h ago from MotorsportWeek.c...
IndyCar Portland – Qualifying Results
IndyCar rolled into Portland or the second event of a West Coast swing,...
10h ago from MotorsportWeek.c...
Pato O’Ward on IndyCar pole in Portland after...
No description available...
9h ago from Motorsport.com
Jacob Abel: ‘I would hate if this was my only...
Jacob Abel is one of three rookies in IndyCar this season, and is hopeful...
15h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
6d ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
4d ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'You leave him with the space one against one, he’s...
Arsenal manager Mikel Arteta has issued a warning to defenders facing his...
45m ago from SportsKeeda.com
Mikel Arteta hints at more signings following Bilbao...
Mikel Arteta has suggested that Arsenal’s summer transfer business is...
8h ago from FreshArsenal.com
Player ratings: Arsenal 3-0 Athletic Bilbao
Arsenal ended pre-season with a convincing win over La Liga side Athletic...
12h ago from FreshArsenal.com
Gyokeres off the mark as Arsenal end pre-season with...
Viktor Gyokeres scored his first goal for Arsenal as the Gunners finished...
12h ago from SkySports.com
Comments
Hottest News
F3: Ferrari junior Camara reflects on his FIA Formula 3...
Having taken victory at last Sunday's Formula 3... Read More »
55m ago from F1Technical.net
F1 News Today: Lewis Hamilton announcement sends fans wild...
F1's beady-eyed social media fan base have been... Read More »
1h ago from GPFans.com
Oscar Piastri makes 'whole life' remark as title fight...
Oscar Piastri has a narrow lead in the F1... Read More »
1h ago from RacingNews365.com
