News Details

Sauber admits suppliers not being paid

By Editor on Monday, July 8, 2013 Peter Sauber has denied reports employees of his struggling Swiss team are going without pay. It is reported that, because he has not been paid his contractual instalments for May or June, Nico Hulkenberg has terminated his 2013 deal and is therefore free to switch to another team at any moment. 'Basically, I won't talk about contracts,' Sauber told Swiss television Sportpanorama. 'But I am convinced that Nico will be with us in the second half of the season.' The Sonntagszeitung newspaper claims sponsor Oerlikon, and perhaps some other Sauber sponsors, has provided 'emergency relief' to the tune of a mid-six figure to the Hinwil based team. 'It is very...
Full Story »
10y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Hulkenberg not paid by struggling Sauber

Nico Hulkenberg is the victim of a financial crisis at Swiss team Sauber,...
10y ago from GrandPrix.com

Rumour - Russian banker Rotenberg to rescue Sauber

July 7th, 2013 .- Sauber could have an all-new driver lineup next year,...
10y ago from F1Plus.com

Rumours swirl around struggling Sauber's future

July 6th, 2013 Having confirmed its financial problems, the rumours...
10y ago from F1Plus.com

Hulkenberg boosts Sauber team spirits with P10

Sauber's Nico Hulkenberg managed to take a 'hard earned point' during the...
10y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

F1 owner Liberty Media set to finalise purchase of...

Formula 1 owner Liberty Media are in talks to buy Madrid-based company...

Popular On IndyCarToday.com

Rosenqvist: Confidence within MSR growing with every...

Felix Rosenqvist has started off his time with Meyer Shank Racing on a...

Popular On TotalWRC.com

Popular On GunnersToday.com

Alan Shearer chooses Premier League winner between Man...

The winner of Sunday's top-of-the-table match between Manchester City and...
38m ago from CaughtOffside.com

Manchester City vs. Arsenal: Head-to-head record and...

Ahead of Sunday's Premier League clash between Man City and Arsenal,...
28m ago from SportsMole.co.uk

Comments

Hottest News

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.