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Sauber were never on brink of bankruptcy
Sauber was never on the brink of bankruptcy according to team principal Monisha Kaltenborn. The outfit had reportedly failed to pay some of its suppliers and driver Nico Hulkenberg as it desperately searched for outside investment. It finally announced that a trio of Russian companies had backed the Swiss team, but Kaltenborn insists had the deal not gone ahead, the team would still be around. "We focused on getting our deal done. We've been working with these partners for a while," she is quoted as saying. "It wouldn't be right for us to think that 'if we don't get this, we can't survive'. "We've gone through tough times before and we know we can survive." She...
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11y ago from TheF1Times.com
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