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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...
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10y ago from GPUpdate.net
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