News Details
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...
Full Story »
Full Story »
12y ago from TheF1Times.com
0
You May Also Be Interested In...
Hulkenberg will see out season with Sauber
Nico Hulkenberg has dismissed speculation about his immediate future,...
12y ago from TheF1Times.com
F1 2013 – Sauber never faced bankruptcy
Sauber team Principal Monisha Kaltenborn has revealed that Sauber were not...
12y ago from F1.co.uk
Button: Tough times now will boost McLaren later
Jenson Button has revealed his belief that the tough, traumatic times...
12y ago from Crash.net
Questions arise over Sauber's Russian saviours
July 28th, 2013 (F1plus) The Russian deal was hailed as Sauber's saviour,...
12y ago from F1Plus.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Hungarian GP: Marc Marquez takes pole as Pedro...
No description available...
58m ago from Motorsport.com
Marc Marquez seals dominant pole in Balaton Park...
Marc Marquez dominated the first-ever Hungarian MotoGP qualifying session...
1h ago from MotorsportWeek.c...
Marc Marquez fastest in final Hungarian MotoGP practice
Marc Marquez claimed the fastest time to top the timesheets at the final...
2h ago from MotorsportWeek.c...
Riders finally comment on MotoGP’s new track,...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
PREMA adapting European approach to better suit IndyCar
PREMA has nearly completed its first season fielding a pair of entries in...
1d ago from MotorsportWeek.c...
NASCAR Trucks to join IndyCar for St. Petersburg race...
The 2026 schedule for the NASCAR Craftsman Truck Series (NCTS) was...
2d ago from MotorsportWeek.c...
Mexico IndyCar race edges closer as officials visit...
No description available...
2d ago from Motorsport.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
1d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'We've done what we had to do' | Arteta explains...
Mikel Arteta claims that he's happy having as many quality players as...
38m ago from SkySports.com
Documents signed: Fabrizio Romano explains whether...
All the documents have reportedly been signed for Eberechi Eze to complete...
23h ago from CaughtOffside.com
Real Madrid Transfer News Roundup: Liverpool eyeing...
Real Madrid are putting together final preparations for their upcoming...
2h ago from SportsKeeda.com
Arteta on his desire to dig for Premier League gold...
Arsenal manager Mikel Arteta has reiterated his desire to "dig for...
2h ago from SkySports.com
Comments
Hottest News
Cadillac complete F1 driver line-up with second signing
The Cadillac F1 team is taking shape as it has... Read More »
1h ago from RacingNews365.com
Norris on his $2 million treasure: ‘My favourite car of...
Lando Norris is best known for manhandling his... Read More »
1h ago from F1i.com
Mercedes discloses 2026 F1 cars could hit astonishing...
An increasingly talked-about subject, next... Read More »
1h ago from MotorsportWeek.com
