News Details
Sauber pays overdue salaries to their staff
F1 Latest News: Sauber has paid all February salaries to their staff members at their Swiss base following cash flow problems incurred by the team which had left a number of salaries unpaid for the month of February and caused future uncertainty in the team. Like Lotus F1's cash flow problems last year, by the looks of it Sauber are now incurring serious financial problems at the start of the season, where it is understood initial costs are very high due to the production of their 2016 challenger. Eurosport reveal that Sauber was one of the teams on the grid that requested F1 supremo, Bernie Ecclestone to give them an advance payment on their championship payments which comes in at the...
Full Story »
Full Story »
You May Also Be Interested In...
Sauber confident of resolving cash flow problem
Sauber confident its financial plight will be resolved Sauber boss...
9y ago from SpeedCafe.com
Sauber hasn't paid salaries to over 300 staff workers
Midfield runner, Sauber F1 by the looks of it have gone ‘into debt'...
9y ago from F1Hub.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
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin 'free to sign with anyone' in MotoGP,...
No description available...
1h ago from Motorsport.com
Fabio Quartararo fastest in final Assen MotoGP practice
Fabio Quartararo leads the way after posting the fastest time in the...
1h ago from MotorsportWeek.c...
Fabio Quartararo secures impressive pole in Assen...
Yamaha rider Fabio Quartararo set the fastest time to secure an...
5m ago from MotorsportWeek.c...
Marc Marquez: ‘I've had stitches in my chin, but...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
16h 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 extends lead as Adrien...
No description available...
5m ago from Motorsport.com
Extreme heat at the Acropolis Rally just pushed WRC...
No description available...
10h ago from Motorsport.com
WRC Acropolis Rally: Sebastien Ogier leads as puncture...
No description available...
22h ago from Motorsport.com
WRC Acropolis Rally: Ott Tanak heads Hyundai 1-2 as...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Sources: Liverpool and Arsenal battle for player with...
Malick Fofana has emerged as one of the hottest prospects in the summer...
2h ago from CaughtOffside.com
Contact made: Arsenal make first move to sign...
Arsenal have shown strong interest in Crystal Palace star Eberechi Eze as...
3h ago from CaughtOffside.com
Arsenal ready to fight after seeing first bid rejected...
Arsenal are determined to secure the services of Cristhian Mosquera this...
25m ago from SportsKeeda.com
Eze is good, TV companies are bad
Morning all. A very quick Saturday blog for you. After a flurry of news...
3h ago from Arseblog.com
Comments
Hottest News
F1 News Today: Mercedes' Verstappen pursuit takes new twist...
George Russell has opened up on his contract... Read More »
3h ago from GPFans.com
Why Mercedes thinks contract delay has had positive impact...
Mercedes boss Toto Wolff has suggested that... Read More »
55m ago from MotorsportWeek.com
'Best day of my life,' claims Alex Dunne after his first...
Formula 2 driver Alex Dunne stepped into the... Read More »
45m ago from F1Technical.net
