News Details

Sauber insists it will overcome financial problems

Sauber acknowledged it is going through a 'difficult situation' related to its finances but said Friday it will remain in the sport in 2014. The team, which has been in the sport for two decades, has found itself in the spotlight in the past few weeks over reports that it hasn't paid suppliers and could run out of money before the end of the year. It also has reportedly been struggling to find a deep-pocketed sponsor to ensure it will remain afloat this season. 'Sauber has been in Formula 1 for more than 20 years,' team spokesman Hanspeter Brack told The Associated Press in an email. 'We will overcome this difficult situation, and we will be there in 2014.' Brack declined to give details...
Full Story »
12y ago from F1Pulse.com 0
Share

You May Also Be Interested In...

Sauber vow to overcome financial problems

Formula One team Sauber acknowledged it is going through a "difficult...
12y ago from SuperSport.com

Hulkenberg terminates his Sauber contract

Nico Hulkenberg is free to leave the Sauber outfit with immediate effect...
12y ago from TheF1Times.com

No financial help for Sauber - Ecclestone

Bernie Ecclestone has ruled out financial aid for Sauber after the Swiss...
12y ago from TheF1Times.com

Kaltenborn: It s not the ideal situation

Team principal Monisha Kaltenborn admits that Sauber's current financial...
12y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Marc Márquez seals seventh straight MotoGP...

t;li>Ducati rider extends world title lead to 175 pointsJorge Martín...
13h ago from TheGuardian.com

Popular On IndyCarToday.com

IndyCar Milwaukee – Race Results

The NTT IndyCar Series tackled the historic Milwaukee Mile on Sunday,...

Christian Rasmussen storms to maiden IndyCar victory...

The penultimate round of the 2025 IndyCar season took place on Sunday,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal receive crucial update about Martin Odegaard...

Arsenal cruised past Leeds United on Saturday beating the newly promoted...
9h ago from CaughtOffside.com

Relief for Arsenal with Bukayo Saka’s injury not as...

t;li>Forward hobbled off after scoring against LeedsØdegaard also...
9h ago from TheGuardian.com

Arsenal agree record deal to sign 16-year-old talent

Arsenal have had a very productive summer transfer window, and they have...
18h ago from CaughtOffside.com

Documents signed: Fabrizio Romano explains whether...

All the documents have reportedly been signed for Eberechi Eze to complete...
2d ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.