Sauber boss says Ferrari will not stop engine supply due to unpaid bills 15 July, 2013 Ferrari F1 engine Financially strapped Sauber may not have engines to power their cars on the day after the forthcoming Hungarian Grand Prix. Die Welt newspaper reports that the Swiss team is now EUR 15 million behind in its due payments to customer engine supplier Ferrari. The report said Ferrari has issued Sauber an ultimatum: pay at least EUR 8 million of the overdue bill by 29 July – the first day of the ‘summer break' – or have the supply of 2.4 litre V8 engines switched off. Peter Sauber told the Swiss newspaper Sonntagsblick: 'That's nonsense.' But if it does happen, the Hinwil...
Full Story »