News Details
Sauber crisis deepens as staff payments late again
Sauber has fallen behind once again with its full salary payments to its 300 staff in Switzerland. Boss Monisha Kaltenborn was not in Bahrain last weekend, amid reported talks with potential buyers and rumours cashflow problems could shortly end the struggling Hinwil based team's 23-year F1 adventure. Now, a month after similar reports about the February payments to staff, Neue Zurcher Zeitung newspaper claims Sauber has once again fallen behind for March. Team spokesman Robert Hopoltseder confirmed: 'The worries of the last few weeks are not off the table. We currently live from hand-to-mouth.' Related News Van der Garde: Sauber’s financial decision-making is bizarre Jordan advises...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Sauber may make China but struggle continues
Amid Sauber's obvious financial problems early in 2016, new media reports...
9y ago from GrandPrix247.com
Kaltenborn is in crucial talks over Sauber F1’s...
Amid Sauber's obvious financial problems early in 2016, new media reports...
9y ago from ThisIsF1.com
Sauber may not make it to the Chinese Grand Prix
In the early rounds of the 2016 Formula 1 world championship season, it...
9y ago from GrandPrix247.com
FBC Staff Picks: Bahrain GP
F1 News Rosberg leads FP2 in Bahrain evening Rosberg fastest in Bahrain...
9y ago from Formula1Blog.com
Elsewhere On The Network
Popular On MGPToday.com
Johann Zarco ‘thinking about how to stay' with...
Johann Zarco admits he is “thinking about how to stay” at LCR Honda...
17h ago from MotorsportWeek.c...
Johann Zarco’s hot streak highlights LCR’s awkward...
No description available...
16h ago from Motorsport.com
Fabio Quartararo aims to ‘get back to the top'...
Fabio Quartararo revealed that his number one priority is to "get...
1d ago from MotorsportWeek.c...
Honda won’t replace injured Luca Marini for MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1d ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1d ago from MotorsportWeek.c...
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
1d ago from MotorsportWeek.c...
Kyle Kirkwood isn't "in the hunt” with Alex...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC: Sebastien Ogier confirms entry to the Acropolis...
No description available...
4d ago from Motorsport.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
1w ago from TheGuardian.com
WRC signs new deal to race in Portugal until at least...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: 58m Arsenal target opens contract talks; bad...
Athletic Club have opened initial discussions with Nico Williams over a...
58m ago from CaughtOffside.com
Exclusive: £55m bid made as Chelsea resume talks for...
Chelsea have made a £55m bid for Borussia Dortmund winger Jamie Gittens...
48m ago from CaughtOffside.com
Aston Villa summer transfer window: Top targets,...
Sports Mole looks at Aston Villa's 2025 summer transfer window, including...
11h ago from SportsMole.co.uk
Agreement reached: Arsenal player flying out on...
Arsenal midfielder Jorginho is all set to complete his move away from the...
10h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Hamilton 'love affair in full crisis' as...
Lewis Hamilton’s ‘love affair’ with Ferrari... Read More »
1h ago from GPFans.com
New Verstappen and Russell crash footage reveals TRUTH over...
New footage has emerged from Max Verstappen and... Read More »
11h ago from GPFans.com
Christian Horner gives shock Mercedes F1 team boss verdict
Red Bull team principal Christian Horner has made... Read More »
28m ago from GPFans.com