News Details
Sauber: Yes, it is true,’We’re in trouble’
Sauber F1 boss and co-owner Monisha Kaltenboth Sauber is entering yet another F1 season under a financial cloud. A year ago, it was the Giedo van der Garde saga that almost derailed the struggling Swiss team. Now, the Swiss newspaper Blick reports that Sauber has fallen behind in its wage payments to its more than 300 staff at the Hinwil factory. 'Yes, it is true,' boss and co-owner Monisha Kaltenboth confirmed. 'Part of the February salaries are still due, which I really regret,' she explained. Kaltenborn continued: 'Right now is the most cost-intensive period (of the season). And there have been technical problems with the transfer of a big sponsorship amount from abroad.' She told her...
Full Story »
Full Story »
9y ago from ThisIsF1.com
0
You May Also Be Interested In...
Nasr admits points will be difficult in 2016
Sauber is targeting the midfield in 2016. Last year, the Swiss team...
9y ago from ThisIsF1.com
New Sauber better all-around but more work ahead - Nasr
XPB Images
As he starts his second Formula 1 season Sauber's...
9y ago from F1i.com
Sauber presents its 2016 F1 challenger
The Sauber Formula 1 team has presented the car with which it will compete...
9y ago from Motorsport.com
Nasr: Driving in the top 10 will be a big challenge
In the wake of unveiling their 2016 Formula challenger, the last team to...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez on fairytale Honda return: “It’s more...
No description available...
17h ago from Motorsport.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
1d ago from MotorsportWeek.c...
MotoGP 2026: Team launches and pre-season testing...
No description available...
1d ago from Motorsport.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: A wishlist for the 2026 IndyCar season
No description available...
15h ago from Motorsport.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
2d ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
3d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Amputated navigator returns to Dakar 11 months after...
No description available...
31m ago from Motorsport.com
These are leading contenders for the 2026 Dakar Rally
No description available...
22h ago from Motorsport.com
Juan Cruz Yacopini to miss 2026 Dakar Rally after sea...
No description available...
23h ago from Motorsport.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Bournemouth preview: Days like this …
Morning all. Arsenal are in Premier League action this evening, facing...
1h ago from Arseblog.com
'Not normal' wonderkid on Man Utd's radar in potential...
Manchester United are reportedly looking at a long list of players at the...
1h ago from CaughtOffside.com
'I just wish him all the best' - Arsenal boss Mikel...
Arsenal manager Mikel Arteta has wished Enzo Maresca the best for his...
1h ago from SportsKeeda.com
Mikel Arteta explains the real reason he's dropped...
Arsenal manager Mikel Arteta has now opened up on the situation of...
11h ago from CaughtOffside.com
Comments
Hottest News
Lando Norris reveals driver he would ‘love' to battle...
Lando Norris has revealed that he would... Read More »
41m ago from MotorsportWeek.com
Vettel’s crucial advice to Hamilton ahead of Ferrari leap
Sebastian Vettel knows better than most what it... Read More »
31m ago from F1i.com
Max Verstappen reveals friendship surprise with axed Red...
This may come as quite a shock to some people. Read More »
1h ago from RacingNews365.com





























