News Details
Unpaid suppliers file claims against ailing Sauber
The depths of Sauber's financial problems are now beginning to emerge.
The Swiss business newspaper Handeslzeitung reports that dozens of unpaid suppliers to the struggling Hinwil based team have filed claims, totalling 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 possible.'
The Swiss daily Tages-Anzeiger said Sauber, who may also owe money to engine supplier Ferrari,...
Full Story »
Full Story »
12y ago from F1Zone.net
0
You May Also Be Interested In...
Unpaid suppliers file claims against cash strapped...
Unpaid suppliers file claims against cash strapped Sauber 12 July, 2013...
12y ago from GrandPrix247.com
Sauber admits suppliers not being paid
By Editor on Monday, July 8, 2013 Peter Sauber has denied reports...
12y ago from F1Zone.net
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
How far has Francesco Bagnaia fallen behind compared...
No description available...
18h ago from Motorsport.com
Franco Morbidelli renews with VR46 Racing Team for...
Franco Morbidelli has announced he will remain a satellite Ducati rider...
22h ago from MotorsportWeek.c...
Marc Marquez's crash tally halves in 2025 as Ducati...
No description available...
21h ago from Motorsport.com
VR46 Ducati retains Franco Morbidelli for 2026 MotoGP...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
9h ago from MotorsportWeek.c...
Will Power released after 17 years with Team Penske
Team Penske has parted ways with veteran IndyCar driver Will Power, the...
17h ago from MotorsportWeek.c...
Will Power and Team Penske officially part ways after...
No description available...
17h ago from Motorsport.com
Rinus VeeKay won't return to Dale Coyne Racing in 2026
No description available...
10h ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
2d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
1d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Viktor Gyokeres responds after Arsenal fans sing ‘he...
Viktor Gyokeres has reacted to a recent chant from Arsenal fans about his...
1h ago from SportsKeeda.com
Handbrake off
Morning. I realise people's opinions on what we saw on Sunday against...
1h ago from Arseblog.com
Sources: Arsenal and Barca to battle for ‘one of...
Murillo’s rise at Nottingham Forest has quickly made him one of the most...
2h ago from CaughtOffside.com
Piero Hincapie reveals what Granit Xhaka told him...
New Arsenal signing Piero Hincapie has admitted he spoke to former Gunner...
17h ago from SportsKeeda.com
Comments
Hottest News
How Charles Leclerc got hold of mobile phone after Dutch GP...
Charles Leclerc triggered intrigue during the... Read More »
52m ago from RacingNews365.com
Why Fernando Alonso was ‘angry at the world' after F1...
Aston Martin Team Principal Mike Krack has... Read More »
1h ago from MotorsportWeek.com
Toto Wolff delivers damning McLaren verdict: 'This is...
McLaren continued its strong run of form with... Read More »
2h ago from RacingNews365.com
