More creditors pressure Sauber with legal action 5 September, 2013 Tough times for Sauber Long after news of the Swiss team's so called ‘Russian rescue deal', Sauber is still struggling financially. That is the claim of the Swiss business newspaper Handelszeitung, reporting that even after Russian money apparently began to flow, unpaid team creditors continue to file formal prosecutions against Sauber. The report said that, since July, almost 20 new creditors – demanding another almost 250,000 Swiss francs – have been added to Sauber's official debt register. 'We have said that we are in a challenging situation,' a team spokesman is quoted by 20min.ch.
Full Story »