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
Here’s what MotoGP riders think about Liberty...
No description available...
14h ago from Motorsport.com
Marc Marquez and Francesco Bagnaia praise MotoGP...
No description available...
17h ago from Motorsport.com
Fabio Quartararo knows he can “fight at the front”...
No description available...
18h ago from Motorsport.com
BMW: Losing Toprak Razgatlioglu to MotoGP feels like...
BMW says losing Toprak Razgatlioglu departure from its WorldSBK team to...
22h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
13h ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
2d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
4d ago from Motorsport.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Here's how Hyundai’s driver cooling system will...
No description available...
19h ago from Motorsport.com
How Carlos Sainz Sr's withdrawal will impact the FIA...
No description available...
23h ago from Motorsport.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
1w ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Sporting director Berta 'holds talks'...
No description available...
40m ago from SkySports.com
Report: Arsenal join Tottenham in the race to sign...
Arsenal have set their sights on Crystal Palace star Eberechi Eze as they...
1h ago from CaughtOffside.com
Real Madrid Transfer News Roundup: Los Blancos suffer...
Real Madrid secured a 3-0 win over RB Salzburg at the Lincoln Financial...
3h ago from SportsKeeda.com
MLS signs his contract + The Arsenal transfer cake
What the hell did I say about nothing happening? Let's start this morning...
1h ago from Arseblog.com
Comments
Hottest News
Toto Wolff in Lewis Hamilton disagreement as Mercedes chief...
Mercedes F1 boss Toto Wolff has admitted he... Read More »
50m ago from GPFans.com
Damson Idris: I said to myself no one’s will play this...
Damson Idris was trying to tune out the noise,... Read More »
1h ago from GrandPrix247.com
Brad Pitt on becoming Sonny Hayes Formula 1 race driver
Brad Pitt is not a Formula 1 driver, but he... Read More »
1h ago from GrandPrix247.com
