News Details

Sauber – Future in F1 unclear..

Sauber has revealed it is having significant financing problems that are putting the team under extreme stress, so much so that the employees of the team are still owed pay from February wages. “The financial situation for Sauber is tense,” stated a Swiss newspaper, Blick which is close to the team “but, at least, the outstanding February wages are now paid. “Sauber can breathe, but not breathe easy,” the report added. Sauber is currently preparing for the first race in Australia, but a cloud of uncertainty has cast doubt on the team's ability to even race let alone be in with a chance for the podium. The spokesperson for the team declined to comment saying he was not at liberty...
Full Story »
9y ago from F1.co.uk 0
Share

You May Also Be Interested In...

Sauber confirm unpaid wages for February

Reports in Switzerland suggest that Sauber have confirmed that they...
9y ago from FormulaSpy.com

Sauber hasn't paid salaries to over 300 staff workers

Midfield runner, Sauber F1 by the looks of it have gone ‘into debt'...
9y ago from F1Hub.net

Kaltenborn: Part of the February salaries are still due

Sauber is entering yet another Formula 1 season under a financial cloud,...
9y ago from GrandPrix247.com

Sauber says it will deal with outstanding payments...

Sauber F1 boss Monisha Kaltenborn says the team will solve its outstanding...
9y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

‘Super talented’ MotoGP rookie Diogo Moreira...

Pedro Acosta believes “super talented” rookie Diogo Moreira has the...
15h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Popular On TotalWRC.com

Popular On GunnersToday.com

Race for Guehi wide open with Man City, Liverpool and...

The race to sign Marc Guehi is wide open and there is not a favourite or a...
10h ago from SkySports.com

FA Cup fourth round draw – live

️ Draw for the last 32 to begin at 6.35pm GMT at Anfield<br>⚽️...
12h ago from TheGuardian.com

Liam Rosenior provides fitness update on Cole Palmer...

Chelsea's head coach, Liam Rosenior, has disclosed that Cole Palmer and...
13h ago from SportsKeeda.com

Robert Pires claims 26-year-old Arsenal star is now in...

Arsenal legend Robert Pires has heaped praise on Declan Rice, calling him...
13h 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.