News Details
Sauber boss admits delay in rescue deal
Monisha Kaltenborn has admitted Sauber's Russian rescue deal is facing delays.
Despite reports of an enormous investment in the struggling Swiss team by Russian government-linked entities, we reported recently that the money is yet to start flowing.
Sauber's financial crisis, therefore, may not yet be over, with the German newspaper Welt reporting that Ferrari's ultimatum of a EUR 9 million engine supply bill being paid by the end of the August break is still in effect.
It is suggested the entire Sauber deal has to be signed off by none other than Russian president Vladimir Putin, and as yet he not done so.
Team boss Kaltenborn has admitted a delay.
Welt quoted her as saying it is only...
Full Story »
Full Story »
12y ago from GrandPrix.com
0
You May Also Be Interested In...
Sauber boss admits delay in Russian financial rescue...
Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
12y ago from GrandPrix247.com
Sauber was never close to bankruptcy claims Kaltenborn
Team principal Monisha Kaltenborn has denied Sauber was ever close to...
12y ago from GrandPrix247.com
Sauber were confident of survival
Sauber team principal Monisha Kaltenborn has played down claims that they...
12y ago from PlanetF1.com
Sauber cagey on Russian deal
Monisha Kaltenborn has re-iterated Sauber's intention to hand Sergey...
12y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
4h ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
21h ago from Motorsport.com
How MotoGP’s energy drink landscape could shift
No description available...
1d ago from Motorsport.com
CFMoto ‘fully committed’ to supporting potential...
CFMoto Aspar team boss Jorge Martinez says the Chinese manufacturer is...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher shares injury update after breaking...
No description available...
1d ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
22h ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
1d ago from Motorsport.com
Rookie Caio Collet fastest in two-day Indy 500 open...
The NTT IndyCar Series held its traditional two-day open test for the...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
1d ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
1d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
2d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
£43m forward offered to Man United, but Arsenal and...
Rafael Leao is likely to be on his way out of AC Milan at the end of the...
35m ago from CaughtOffside.com
Champions League review: a stone-cold classic,...
first leg of the semi-finals produced a nine-goal thriller and a tense...
1h ago from TheGuardian.com
'Focus and hunger' | Arteta sets out Arsenal mentality...
Arsenal manager Mikel Arteta says his players have a hunger to win as they...
1h ago from SkySports.com
Premier League club who could hurt Man City’s title...
Everton are reportedly exploring a move for Arsenal defender Ben White as...
3h ago from SportsKeeda.com
Comments
Hottest News
F1 president claims cancelled race could be reinstated to...
F1 CEO and president Stefano Domenicali has... Read More »
1h ago from GPFans.com
George Russell slams rules critics: F1 and FIA...
George Russell has defended F1 and the FIA over... Read More »
2h ago from MotorsportWeek.com
Charles Leclerc hands Ferrari upgrades blow in Mercedes...
The Miami GP will feature upgrades galore across... Read More »
2h ago from RacingNews365.com
