News Details
Unpaid suppliers file claims against cash strapped Sauber
Unpaid suppliers file claims against cash strapped Sauber 12 July, 2013 Sauber C32 worked on at the F1 season opener in Melbourne The depth of Sauber's financial crisis is now beginning to emerge, as Handeslzeitung reports that dozens of unpaid suppliers to the struggling Hinwil based team have filed claims, totaling almost EUR 1 million.
The report said the suppliers have waited several months for their invoices to be paid, before lodging the claims against Sauber with the official Swiss debt register Betreibungsregister.
'We are very much in contact with our suppliers,' founder Peter Sauber is quoted as saying, 'and make every effort to get out of this situation as quickly as...
Full Story »
Full Story »
12y ago from GrandPrix247.com
0
You May Also Be Interested In...
Sauber admits suppliers not being paid
By Editor on Monday, July 8, 2013 Peter Sauber has denied reports...
12y ago from F1Zone.net
No financial help for Sauber - Ecclestone
Bernie Ecclestone has ruled out financial aid for Sauber after the Swiss...
12y ago from TheF1Times.com
Russian banker Rotenberg to rescue Sauber
By Editor on Sunday, July 7, 2013 Sauber could have an all-new driver...
12y ago from F1Zone.net
Russian banker Rotenberg set to rescue Sauber
Russian banker Rotenberg set to rescue Sauber 8 July, 2013 Sauber could...
12y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
12h ago from Motorsport.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
1d ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
1d ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
3d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
6d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
4d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
3d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
6d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“He’s so useless”, “It has to be over” -...
Arsenal fans have hit out at striker Gabriel Jesus over his performance in...
1h ago from SportsKeeda.com
Arsenal crash out of FA Cup to sensational Southampton
Arsenal crashed out of the FA Cup quarter-finals as Southampton produced...
1h ago from SkySports.com
“Now or never”, “Time to run it back” -...
Arsenal fans on X are expecting Martin Odegaard to perform after Mikel...
3h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin get F1 lifeline as FIA ruling gives crisis...
Further clarity has been offered on F1's new... Read More »
5h ago from GPFans.com
F1 in April - Six crucial dates for your diary
Despite the race cancellations this April,... Read More »
2h ago from GPFans.com
Lewis Hamilton contract clause blocks Ferrari team orders -...
Former F1 star Ralf Schumacher has suggested that... Read More »
3h ago from GPFans.com
