News Details

Pirelli still waiting for Sauber payment

Sauber’s future has been cast into further doubt after reports that the Swiss team has still not paid Pirelli for the supply of its 2013 tyres. According to the German publication, Bild am Sonntag, Sauber's debts now stand at 80 million, with 35 million of that owed to current suppliers, including Ferrari and Pirelli, who provide the team with engines and tyres. The Hinwil based teams financial problems were initially reported before the German Grand Prix, when reports arose that the team had failed to pay its star driver Nico Hulkenberg. However, a rescue package was announced in the weeks that followed, with the team set to be saved by an injection of cash from a group of Russian...
Full Story »
10y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Sauber owe money to Hulkenberg, Gutierrez, Kobayashi,...

Reports of a continuing financial crisis at Sauber are continuing to...
10y ago from GrandPrix247.com

Pirelli waiting for Sauber tyre bill

By Editor on Monday, August 12, 2013 Reports of a continuing financial...
10y ago from F1Zone.net

Lotus denies that unpaid F1 staff are threatening to...

Lotus has played down reports the Enstone based Formula 1 team is...
10y ago from GrandPrix247.com

Sauber boss admits delay in Russian financial rescue...

Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
10y ago from GrandPrix247.com

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...
18h ago from MotorsportWeek.c...

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

Neuville pips Tänak in Safari opener

FIA World Rally Championship leader Thierry Neuville took a slender...
11h ago from MotorsportWeek.c...

Popular On GunnersToday.com

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.