News Details

Sauber's rescue deal taking time

Sauber boss Monisha Kaltenborn has admitted the so-called 'Russian rescue deal' has not solved all of the Swiss team's problems. Although it emerged recently that Russian rubles have started to flow, Swiss business newspaper Handelszeitung reported that in fact more unpaid suppliers have filed prosecutions against Sauber with the national debt register. "In the Handelszeitung there were things reported that are not true," boss Kaltenborn told Speed Week at Monza. "We have already said that we are in a challenging situation. "Through this (Russian) partnership, there is an upward trend, but it takes time," she explained. "It has been a noticeable step for us and...
Full Story »
10y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

More creditors pressure Sauber with legal action

More creditors pressure Sauber with legal action 5 September, 2013 Tough...
10y ago from GrandPrix247.com

More creditors press on Sauber, Frijns departs

Long after news of the Swiss team's 'Russian rescue deal', Sauber is still...
10y ago from GrandPrix.com

Sauber and Frijns part company for 2014

Sauber reserve driver Robin Frijns will not be retained by the Swiss team...
10y ago from RichlandF1.com

Sirotkin will be at Monza with Sauber

September 4th, 2013 (F1plus).- Sauber will have a fourth driver on hand...
10y ago from F1Plus.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...

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...
37m ago from CaughtOffside.com

Green Gooners: Rice, Jesus and Jorginho take on top...

Declan Rice, Gabriel Jesus and Jorginho take part in a Top Bins Challenge...
1h ago from SkySports.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.