News Details

Sauber admits delay to portion of staff wages

Sauber CEO Monisha Kaltenborn had admitted a 'technical problems' with the arrival of sponsorship has prompted a delay in payment to a portion of its staff. The Swiss team has endured a tough start to the 2016 F1 season after having to wait until the second pre-season test to give its C35 its track debut, though it insists it is ready for the Australian Grand Prix. However, a report in the Swiss Blick newspaper revealed a problem receiving sponsorship payments from drivers Marcus Ericsson and Felipe Nasr have had a knock-on effect with the team staff. However, Kaltenborn insists it is an unfortunate eventuality rather than a sign of something worse to come. "Yes it's right. Part of...
Full Story »
9y ago from Crash.net 0
Share

You May Also Be Interested In...

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 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

Sauber target Formula 1 midfield

As Sauber introduced their C35 to the world, Monisha Kaltenborn spoke of...
9y ago from PlanetF1.com

Sauber unveils C35-Ferrari online

Sauber F1 Team Sauber has become the final team to unveil its 2016...
9y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar grows international broadcast offerings for...

The NTT IndyCar Series has announced that its already extensive global...

Alexander Rossi fastest as rain disrupts second...

The NTT IndyCar Series completed the second and final day of testing at...
21h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

Newcastle star Anthony Gordon's preferred club amid...

Newcastle United star Anthony Gordon reportedly prefers a move to...
39m ago from SportsKeeda.com

Arsenal ready to complete attacking puzzle with move...

Arsenal remain interested in signing Nico Williams from Athletic Club...
1h ago from CaughtOffside.com

Arsenal & Man United have ‘significant'...

Karl Etta Eyong has been linked with a move away from Levante, and the...
1h ago from CaughtOffside.com

Report: Man Utd have discussed £95m Liverpool...

Manchester United have reportedly had some internal discussions about the...
7h ago from CaughtOffside.com

Comments

Hottest News

Aston Martin F1 agony laid bare in 87 painful seconds as...

Aston Martin's F1 testing agony was laid bare in... Read More »
3h ago from GPFans.com

F1: Test Times: Bahrain 19-02

Today's times from Manama, the second day of the... Read More »
6h ago from Pitpass.com

Lewis Hamilton's LIGHTNING F1 start blitzes rivals and...

Lewis Hamilton's rocketship speed trounced his F1... Read More »
2h ago from GPFans.com

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.