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
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
1d ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar drivers impressed with ‘new standard’...
IndyCar is in the middle of a busy race weekend on a brand new street...
1h ago from MotorsportWeek.c...
Pato O'Ward on the 'red flag' that has prevented an...
No description available...
36m ago from Motorsport.com
How to watch the IndyCar Grand Prix of Arlington:...
No description available...
20h ago from Motorsport.com
Conor Daly snags Indy 500 ride with Dreyer and Reinbold
Dreyer and Reinbold Racing has announced that Conor Daly will drive for...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Solberg clings on to Safari Rally lead as Ogier hunts...
Oliver Solberg started Friday with a 33.3 second lead over Elfyn Evans...
1h ago from MotorsportWeek.c...
WRC Safari Rally Kenya: Oliver Solberg hangs on to...
No description available...
2h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg takes early lead...
No description available...
7h ago from Motorsport.com
WRC Monte Carlo: Why is the Monaco Circuit stage so...
No description available...
7h ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta provides fitness update on 2 key Arsenal...
Arsenal coach Mikel Arteta has shared fitness updates for key players...
56m ago from SportsKeeda.com
Premier League news: Carrick backs Maguire for World...
No description available...
1h ago from TheGuardian.com
Arsenal vs Everton preview: Odegaard and Trossard...
No description available...
2h ago from SkySports.com
Pep Guardiola sends warning to Manchester City squad...
Manchester City boss Pep Guardiola has sent a warning to his side about...
3h ago from SportsKeeda.com
Comments
Hottest News
Adrian Newey blasted for Aston Martin disaster: 'He should...
Former F1 team manager Peter Windsor has... Read More »
2h ago from GPFans.com
F1: Our advantage is the corners, says Wolff
Toto Wolff insists that where the W17 is beating... Read More »
46m ago from Pitpass.com
F1 ‘set to cancel’ 2026 races this weekend
F1 are set to cancel two of 2026's scheduled... Read More »
1h ago from GPFans.com
