News Details

Financial struggles hurting Sauber C35 development

 XPB Images Sauber team principal Monica Kaltenborn admits financial struggles have prevented the Swiss outfit from adding new developments to this year’s C35, but she is confident future upgrades will be “a step ahead”. Sauber’s difficulties have already been well documented, with the team asking for an advance payment on monies owned by the Formula One Management. The Hinwill-based squad also had to delay payments of its staff’s February wages, while the C35's launch was postponed to the second pre-season test. After three races in 2016, Sauber is one of only three teams - along with Renault and Manor - yet to score any point. "We have to juggle a few things...
Full Story »
8y ago from F1i.com 0
Share

You May Also Be Interested In...

Kaltenborn: Alfa Romeo would be a good partner for any...

Monisha Kaltenborn has joined Sergio Marchionne in not dismissing...
8y ago from GrandPrix247.com

Sauber F1 not ruling out Alfa Romeo deal

Sauber F1 not ruling out Alfa Romeo deal Monisha Kaltenborn has joined...
8y ago from ThisIsF1.com

Renault will not compromise 2017 despite struggles

 XPB Images Renault managing director Cyril Abiteboul insists...
8y ago from F1i.com

Arrivabene adamant on steady progress

Ferrari team principal Maurizio Arrivabene pins hopes on continual...
8y ago from F1Technical.net

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu has ‘opportunities' in...

Kenan Sofuoglu has revealed that Toprak Razgatlioglu has riding...
39m ago from MotorsportWeek.c...

Francesco Bagnaia explains ‘weak point' that...

Factory Ducati rider Francesco Bagania explained his "weak...

Jorge Martin provides injury update after Qatar MotoGP...

World Champion Jorge Martin says he is still experiencing “intense...

Popular On IndyCarToday.com

IndyCar outlines replacement driver rules for Indy 500

The NTT IndyCar Series has released updated guidelines that will be...

NFL star Rob Gronkowski named Grand Marshal of Indy...

Indianapolis Motor Speedway announced a unique appointment on Wednesday,...

Popular On TotalWRC.com

Outback diplomacy: Finnish ambassador braves...

o Haapea hopes to raise $30,000 for cancer research as he navigates the...
1w ago from TheGuardian.com

Popular On GunnersToday.com

New 100m price tag: Liverpool & Arsenal transfer...

Liverpool and Arsenal may reportedly now have to pay even more for the...
1h ago from CaughtOffside.com

Arsenal plotting move for 24-year-old Premier League...

Arsenal are reportedly plotting a move for Newcastle United winger Anthony...
19m ago from SportsKeeda.com

'He can ask to leave' – ex-Arsenal defender...

Arsenal have shown over the last 18 months that they have an excellent...
2h ago from CaughtOffside.com

Arsenal target comments on future amid Chelsea...

Sporting CP striker Viktor Gyokeres has left the door open on a potential...
1h 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.