Connect with us

F1 top news

Sauber F1 late with staff salaries again

Published

on

Sauber late with staff payments again

Sauber late with staff payments again

Sauber has fallen behind once again with its full salary payments to its 300 staff in Switzerland.

Boss Monisha Kaltenborn was not in Bahrain last weekend, amid reported talks with potential buyers and rumours cashflow problems could shortly end the struggling Hinwil based team’s 23-year F1 adventure.

Now, a month after similar reports about the February payments to staff, Neue Zurcher Zeitung newspaper claims Sauber has once again fallen behind for March.

Team spokesman Robert Hopoltseder confirmed: “The worries of the last few weeks are not off the table. We currently live from hand-to-mouth.”

Loading...

Advertisement
Click to comment

Latest Results

F1 Testing Updates

Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

References
We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media