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 »
9y 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...
9y 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,...
9y ago from GrandPrix247.com
Sauber late with February staff payments
– Sauber staff have not been paid in full for the month of February...
9y ago from GPUpdate.net
Sauber confirm unpaid wages for February
Reports in Switzerland suggest that Sauber have confirmed that they...
9y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez demands respect for brother Alex Marquez...
Marc Marquez has called for “respect for all” MotoGP riders, after...
1h ago from MotorsportWeek.c...
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
20h ago from MotorsportWeek.c...
Alex Marquez set for surgery after Dutch MotoGP crash
No description available...
20h ago from Motorsport.com
Marc Marquez hits out at criticism of brother Alex...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
2d ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
3d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
5d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Why Ott Tanak feared final stage drama could cost his...
No description available...
17h ago from Motorsport.com
Ott Tanak ends Hyundai’s victory drought
Ott Tanak and Martin Jarveoja clinched their and Hyundai’s first...
21h ago from MotorsportWeek.c...
WRC Acropolis Rally: Ott Tanak ends Hyundai’s...
No description available...
21h ago from Motorsport.com
FIA investigates WRC retirements due to fuel system...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal & Man United offered £35m...
Arsenal and Manchester United are reportedly among the clubs to have been...
1h ago from CaughtOffside.com
Football transfer rumours: Arsenal join Premier League...
ay’s fluff has the ice machine on
2h ago from TheGuardian.com
Sources: Matter of time before Arsenal &...
Sources consider it only a matter of time before Viktor Gyokeres leaves...
3h ago from CaughtOffside.com
Hugo Ekitike linked as a new week begins
Good morning. A few Monday bits for you to kick off what I think might be...
3h ago from Arseblog.com
Comments
Hottest News
FIA issue Lando Norris disqualification verdict at Austrian...
The FIA have issued a comprehensive verdict for... Read More »
16h ago from GPFans.com
The persistent problem Lewis Hamilton is ‘pushing'...
Lewis Hamilton has admitted he is... Read More »
1h ago from MotorsportWeek.com
Oscar Piastri issues one-word response after brutal Lando...
McLaren F1 star Oscar Piastri issued a simple... Read More »
1h ago from GPFans.com
