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...
10y 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'...
10y 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,...
10y ago from GrandPrix247.com
Sauber late with February staff payments
– Sauber staff have not been paid in full for the month of February...
10y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
15h ago from Motorsport.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
2d ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Scott McLaughlin faces tough drive from last after...
No description available...
4h ago from Motorsport.com
IndyCar Arlington – Qualifying Results
25 IndyCar drivers took to the track Saturday afternoon to decide the...
5h ago from MotorsportWeek.c...
"Mental error" costs Kyle Kirkwood shot at...
No description available...
4h ago from Motorsport.com
Threat of high winds forces IndyCar to move up...
No description available...
5h ago from Motorsport.com
Popular On TotalWRC.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
17h ago from Motorsport.com
“Probably the toughest rally ever”: Thierry...
No description available...
7h ago from Motorsport.com
Carnage in Kenya
Saturday in Kenya saw one of the most dramatic days in recent Safari...
11h ago from MotorsportWeek.c...
Why Evans suffered his first WRC retirement since 2024
No description available...
11h ago from Motorsport.com
Popular On GunnersToday.com
Expansive Europeans befuddle Premier League elite as...
bled English clubs must realise that what works against the very good...
6h ago from TheGuardian.com
Premier League news: Arteta denies his team...
No description available...
5h ago from TheGuardian.com
Arsenal 2-0 Everton: Premier League – as it happened
Dowman came on to rescue the Gunners and become the youngest scorer in...
5h ago from TheGuardian.com
'Max Dowman outdone his legacy at 16', 'Shouldn't be...
Fans on X have criticized Arsenal winger Bukayo Saka after he struggled to...
5h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton blindsided by Top Gear tribute at Chinese...
Ferrari F1 star Lewis Hamilton was left shocked... Read More »
4h ago from GPFans.com
F1 News Today: Lewis Hamilton lets Mercedes secret slip as...
Lewis Hamilton and Mercedes had one of the most... Read More »
3h ago from GPFans.com
F1 confirms decision on 2026 Bahrain and Saudi Arabian races
Formula 1 and the FIA have announced the... Read More »
3h ago from MotorsportWeek.com
