News Details
Kaltenborn: Part of the February salaries are still due
Sauber is entering yet another Formula 1 season under a financial cloud, as it emerges that staff salaries for February were due at time of this report A year ago, it was the Giedo van der Garde saga that almost derailed the struggling Swiss team, but now Blick reports that Sauber has fallen behind in its wage payments to its more than 300 staff at the Hinwil factory. 'Yes, it is true,' boss and co-owner Monisha Kaltenborn confirmed. 'Part of the February salaries are still due, which I really regret.' Kaltenborn continued: 'Right now is the most cost-intensive period (of the season). And there have been technical problems with the transfer of a big sponsorship amount from abroad.' She...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Sauber: Yes, it is true,’We’re in trouble’
Sauber F1 boss and co-owner Monisha Kaltenboth Sauber is entering yet...
9y ago from ThisIsF1.com
Barcelona Test 2 Day 4: Live team reports
Barcelona Test 2, Day 4 Tweets from...
9y ago from GrandPrix247.com
Barcelona Test 2 Day 3: Live team reports
Barcelona Test 2, Day 2 report here>>> Tweets from...
9y ago from GrandPrix247.com
Barcelona Test 2 Day 1: Live team reports
Barcelona Test Drivers' Schedule Team Tuesday Wednesday Thursday Friday...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: ‘I've had stitches in my chin, but...
No description available...
9h ago from Motorsport.com
Fabio Quartararo tops chaotic second Assen MotoGP...
Fabio Quartararo topped the timesheets for Yamaha after an extended...
13h ago from MotorsportWeek.c...
Fabio Quartararo “needs a winning project now” as...
No description available...
10h ago from Motorsport.com
Marc Marquez tops first Assen MotoGP practice despite...
Marc Marquez topped the timesheets in the first Assen MotoGP practice...
17h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
9h 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,...
1d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
3d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
WRC Acropolis Rally: Ott Tanak heads Hyundai 1-2 as...
No description available...
9h ago from Motorsport.com
Extreme heat at the Acropolis Rally just pushed WRC...
No description available...
4h ago from Motorsport.com
Ott Tanak tames rough Acropolis Rally Greece
Ott Tanak and Martin Jarveoja ended a rough, puncture-riddled opening day...
9h ago from MotorsportWeek.c...
WRC Acropolis Rally: Sebastien Ogier leads as puncture...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
'He’s more out than in' - Journalist claims Real...
Cadena SER journalist Antonio Romero has reported that Rodrygo is more out...
4h ago from SportsKeeda.com
Major twist gives Arsenal hope of signing ‘most...
Real Madrid have not ruled out the possibility of selling Rodrygo Goes...
13h ago from CaughtOffside.com
Manchester United target blocking all offers as he...
Manchester United target Viktor Gyokeres is blocking offers from other...
10h ago from SportsKeeda.com
Arsenal given ‘less than 2% chance’ of signing...
Arsenal’s hopes of landing one of their top striker targets this summer...
12h ago from CaughtOffside.com
Comments
Hottest News
FIA announce Lewis Hamilton punishment verdict at Austrian...
The FIA have announced the punishment verdict for... Read More »
9h ago from GPFans.com
Leclerc praises Ferrari's long-run pace, but fears from...
Having sat out the opening practice session in... Read More »
51m ago from F1Technical.net
What did teams have to say after the opening day at the Red...
Although he missed the opening session at the... Read More »
51m ago from F1Technical.net
