News Details
Sauber pays overdue February salaries
– Sauber has paid the remainder of staff salaries for the month of February, in the wake of cashflow problems, and remains on track to compete at the Australian Grand Prix.Sauber confirmed Swiss media reports on Monday that it was behind with salary payments, with staff being given a portion of their February salaries – a temporary measure.But just over one week away from the season-opening round in Melbourne, a solution to the problem has been found and the team is up to date with all staff payments.Sauber, along with Force India, lodged an EU complaint at the end of last year, hitting out at Formula 1 for an "unfair" and "unlawful" governance and revenue...
Full Story »
Full Story »
8y ago from GPUpdate.net
0
You May Also Be Interested In...
Sauber pays overdue salaries to their staff
F1 Latest News: Sauber has paid all February salaries to their staff...
8y 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,...
8y ago from GrandPrix247.com
Sauber salaries paid up
Sauber have reportedly paid the outstanding staff salaries for the month...
8y ago from PlanetF1.com
Sauber late with February staff payments
– Sauber staff have not been paid in full for the month of February...
8y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Marquez recorded first Ducati MotoGP crash after 780km...
No description available...
9h ago from Motorsport.com
Bagnaia 50-50 on new Ducati MotoGP engine amid...
No description available...
11h ago from Motorsport.com
Fernandez set for return in Thailand MotoGP test after...
No description available...
8h ago from Motorsport.com
What to expect from Honda in the 2025 MotoGP season
As the 2025 MotoGP season approaches, a new era is dawning for Honda, who...
9h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Power sets goal of five move competitive years in...
Will Power is one of the NTT IndyCar Series’ longest tenured drivers,...
3h ago from MotorsportWeek.c...
Conor Daly thinks IndyCar should race in Mexico and...
No description available...
1d ago from Motorsport.com
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
3d ago from MotorsportWeek.c...
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
1w ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
1w ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal planning to spend big in the summer transfer...
No description available...
4h ago from SportsKeeda.com
Eddie Howe reveals Newcastle targeted 2 key Arsenal...
No description available...
7h ago from SportsKeeda.com
Real Madrid hold talks with 60m rated star wanted by...
No description available...
7h ago from SportsKeeda.com
Mikel Arteta must refocus Arsenal’s mammoth task...
ager must put semi-final loss to Newcastle behind them with depleted squad...
7h ago from TheGuardian.com
Comments
Hottest News
Aston Martin unveil STUNNING 2025 car design after Newey...
Aston Martin have unveiled a new challenger for... Read More »
15h ago from GPFans.com
Hamilton deal in TRILLION dollar boost as world champ...
A partnership with seven-time Formula 1 champion... Read More »
1h ago from GPFans.com
Hamilton honors Mercedes staff with special 3,000-piece gift
Lewis Hamilton's 12-year reign with the... Read More »
6h ago from F1i.com