News Details
Sauber boss admits delay in Russian rescue deal
August 8th, 2013 - 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...
Full Story »
Full Story »
12y ago from F1Plus.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 boss admits delay in rescue deal
Monisha Kaltenborn has admitted Sauber's Russian rescue deal is facing...
12y ago from GrandPrix.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
Deal to secure the future of the Russian Grand Prix...
The promoters of the inaugural Russian Grand Prix have moved to end the...
12y ago from RichlandF1.com
Elsewhere On The Network
Popular On MGPToday.com
Manufacturers stand up to Liberty in Jerez as MotoGP...
No description available...
14h ago from Motorsport.com
Aprilia runs 2027 MotoGP bike on track for first time...
No description available...
14h ago from Motorsport.com
Aprilia opens new development path in MotoGP with...
No description available...
17h ago from Motorsport.com
Yamaha’s Jerez MotoGP updates improve rider feeling...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
Rookie Caio Collet fastest in two-day Indy 500 open...
The NTT IndyCar Series held its traditional two-day open test for the...
9h ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
9h ago from Motorsport.com
PrizePicks partners with Arrow McLaren for Ryan...
No description available...
10h ago from Motorsport.com
Popular On TotalWRC.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
14h ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
15h ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
19h ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'This cannot happen' – Mikel Arteta admits he's...
Arsenal manager Mikel Arteta did not hold back with his views on Eberechi...
1h ago from CaughtOffside.com
Video: Row erupts between Diego Simeone and Arsenal...
As if there wasn't enough drama on the pitch between Arsenal and Atletico...
1h ago from CaughtOffside.com
Atletico Madrid 1-1 Arsenal: A solid away leg tinged...
Match report – Player ratings – Arteta reaction – Video...
22m ago from Arseblog.com
Premier League to reject Manchester City plea as they...
The Premier League have rejected Manchester City's proposal to switch...
7h ago from SportsKeeda.com
Comments
Hottest News
Ferrari head to the Miami Grand Prix for Sprint Race...
Ferrari team principal Fred Vasseur says his team... Read More »
1h ago from GrandPrix247.com
Mercedes boss Toto Wolff expects "evolution not...
Mercedes boss Toto Wolff expects small changes to... Read More »
1h ago from GrandPrix247.com
F1 News Today: FIA make Miami GP change as race threatened...
There are lots of tweaks to the regulations ahead... Read More »
1h ago from GPFans.com
