News Details
Sauber pays overdue salaries to their staff
F1 Latest News: Sauber has paid all February salaries to their staff members at their Swiss base following cash flow problems incurred by the team which had left a number of salaries unpaid for the month of February and caused future uncertainty in the team. Like Lotus F1's cash flow problems last year, by the looks of it Sauber are now incurring serious financial problems at the start of the season, where it is understood initial costs are very high due to the production of their 2016 challenger. Eurosport reveal that Sauber was one of the teams on the grid that requested F1 supremo, Bernie Ecclestone to give them an advance payment on their championship payments which comes in at the...
Full Story »
Full Story »
You May Also Be Interested In...
Sauber confident of resolving cash flow problem
Sauber confident its financial plight will be resolved Sauber boss...
10y ago from SpeedCafe.com
Sauber hasn't paid salaries to over 300 staff workers
Midfield runner, Sauber F1 by the looks of it have gone ‘into debt'...
10y 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,...
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
Elsewhere On The Network
Popular On MGPToday.com
Trackhouse boss reveals steps MotoGP must take to...
Trackhouse owner Justin Marks has revealed how he plans to promote his...
8h ago from MotorsportWeek.c...
Alex Marquez still involved in Ducati’s MotoGP...
No description available...
10h ago from Motorsport.com
Aleix Espargaro to undergo surgery after vertebral...
No description available...
12h ago from Motorsport.com
Nicolo Bulega is not Ducati's "first choice"...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Exclusive Q&A: Mick Schumacher believes 'great things...
No description available...
4h ago from Motorsport.com
Experienced engineer Mike O’Gara joins IndyCar as...
IndyCar has announced that Mike O’Gara has joined the series as Vice...
6h ago from MotorsportWeek.c...
Mike O’Gara named IndyCar’s Vice President of...
No description available...
6h ago from Motorsport.com
Christian Lundgaard: Bye week a chance to “unite”...
No description available...
23h ago from Motorsport.com
Popular On TotalWRC.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
5h ago from Motorsport.com
Why WRC Croatia victory was “quite special” for...
No description available...
2d 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...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
'I'm on fire!' - Arteta calls for 'no fear' in his...
Mikel Arteta has called for Arsenal to have "no fear" and...
54m ago from SkySports.com
Nev: Arsenal must swim against tide as Man City close...
Gary Neville says Arsenal must balance their emotions ahead of a crucial...
54m ago from SkySports.com
'Who cares what people think' – Arsenal star...
Arsenal secured their place in the Champions League semi-finals for the...
24m ago from CaughtOffside.com
Comments
Hottest News
F1 2026 farce exposed as Ferrari turn to Formula E for help
When Max Verstappen compared F1 to 'Formula E on... Read More »
2h ago from GPFans.com
Ex-Ferrari boss reveals vital detail caused missed Ayrton...
Jean Todt, the former Ferrari team principal,... Read More »
3h ago from MotorsportWeek.com
FIA 'confront Red Bull' over Max Verstappen kicking out...
The FIA have reportedly been in touch with Red... Read More »
1h ago from GPFans.com



























