News Details

Kaltenborn: We are in the process of defusing the situation

Monisha Kaltenborn has revealed that Sauber management is working hard to find 'a lasting solution' to its glaring financial problems whicha have captured headlines for most of this month. The struggling Swiss team was late to pay wages to its 300 staff in February and March, with driver Felipe Nasr also revealing that the delayed launch of the 2016 car was due to 'non-payment of suppliers'. Brazilian Nasr left Bahrain last weekend vocally unhappy that his car was not up to scratch with that raced by teammate Marcus Ericsson. 'Marcus is using the chassis that we had in Barcelona and it works well,' he told Globo. 'Mine is new and, as I said, it was only assembled in Albert Park. 'Now they...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Kaltenborn skips Bahrain amid Sauber’s financial...

In the early rounds of the 2016 season, Sauber is clinging to mere...
9y ago from ThisIsF1.com

Sauber crisis deepens as staff payments late again

Sauber has fallen behind once again with its full salary payments to its...
9y ago from GrandPrix247.com

Sauber F1 late with staff salaries again

Sauber has fallen behind once again with its full salary payments to its...
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

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi dominates in lights-to-flag Portimao...

Marco Bezzecchi led every lap of the Portimao MotoGP race as he cruised...

Popular On IndyCarToday.com

McLaren’s lawsuit against IndyCar champ Alex Palou...

The lengthy court battle between McLaren and Alex Palou is nearing a...

Caio Collet advances up to IndyCar with AJ Foyt Racing

AJ Foyt Racing has announced that Caio Collet will drive for the team in...

Kyle Kirkwood signs multi-year IndyCar extension with...

Andretti Global has announced that Kyle Kirkwood has signed an extension...

Popular On TotalWRC.com

Ott Tanak retires from rallying

Ott Tänak, the 2019 World Rally Champion, announced after Rally Japan...

Popular On GunnersToday.com

Wayne Rooney claims Spurs signing has been worse than...

Wayne Rooney was asked to rate new signings at top Premier League clubs in...
6h ago from CaughtOffside.com

Arsenal star Max Dowman makes UEFA Champions League...

Arsenal star Max Dowman became the youngest-ever player in the UEFA...
6h ago from SportsKeeda.com

Sources: Arsenal told they can sign speedy winger for...

AC Milan may be on the brink of another major transfer battle as...
8h ago from CaughtOffside.com

Chelsea among 3 European giants interested in signing...

As per Fichajes.net (via Barca Universal), Chelsea are set to battle...
7h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.