News Details
Sauber confident of resolving cash flow problem
Sauber confident its financial plight will be resolved Sauber boss Monisha Kaltenborn is confident the team will resolve its cash flow issues which has seen staff awaiting payments for February. The Swiss outfit has confirmed that some of its team members are yet to be paid for last month as it prepares for the opening round of the season in Melbourne next week. According to Kaltenborn the team is still awaiting payment from a new title sponsor, which has compounded the squad's financial plight. The midfield operation grabbed headlines in the lead up to last year’s Australian Grand Prix when it was involved in a legal wrangle with driver Giedo van der Garde. It has been reported that...
Full Story »
Full Story »
10y ago from SpeedCafe.com
0
You May Also Be Interested In...
Sauber admits delay to portion of staff wages
Sauber CEO Monisha Kaltenborn had admitted a 'technical problems' with...
10y ago from Crash.net
Kaltenborn: Part of the February salaries are still due
Sauber is entering yet another Formula 1 season under a financial cloud,...
10y ago from GrandPrix247.com
Sauber late with February staff payments
– Sauber staff have not been paid in full for the month of February...
10y ago from GPUpdate.net
Sauber confirm unpaid wages for February
Reports in Switzerland suggest that Sauber have confirmed that they...
10y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Shoulder injury pushes Marc Marquez into his...
No description available...
6h ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
1d ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
2d ago from MotorsportWeek.c...
KTM backs “unlucky” Maverick Vinales to return and...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar representatives visit the Goiânia Raceway and...
No description available...
1h ago from Motorsport.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
2d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
3d ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Devastated Thierry Neuville vows to "come back...
No description available...
47m ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
3h ago from MotorsportWeek.c...
WRC Croatia: Takamoto Katsuta wins after final stage...
No description available...
4h ago from Motorsport.com
Oliver Solberg out of Croatia Rally (for now)
Friday: Oliver Solberg crashed out of Rally Croatia about four km into...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal could terminate Mikel Arteta’s contract and...
Arsenal manager Mikel Arteta and his players have come under intense...
2h ago from SportsKeeda.com
Arsenal latest: Gunners must land blow on City to...
No description available...
2h ago from SkySports.com
'I've already felt what it's like to win there' -...
Arsenal forward Gabriel Jesus has left the door open to leaving the club.
3h ago from SportsKeeda.com
Brazil International rejects Manchester United and...
Brazil international and Atalanta midfielder Ederson has reportedly...
5h ago from SportsKeeda.com
Comments
Hottest News
Shock F1 star at centre of Max Verstappen replacement talks
Amid reports that Max Verstappen could retire... Read More »
57m ago from GPFans.com
Banned by Mansell? Coulthard’s wild Williams story
The Williams garage in 1994 wasn’t short on... Read More »
1h ago from F1i.com
Ex-F1 star names the one driver who was harder to race than...
Former F1 star Jacques Villeneuve has revealed... Read More »
6h ago from MotorsportWeek.com
