News Details

More creditors pressure Sauber with legal action

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 »
12y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Sauber and Frijns part company for 2014

Sauber reserve driver Robin Frijns will not be retained by the Swiss team...
12y ago from RichlandF1.com

Sauber teenager Sirotkin to attend Monza race

Sauber teenager Sirotkin to attend Monza race 4 September, 2013 Sergey...
12y ago from GrandPrix247.com

Sirotkin to attend Monza race with Sauber

By Editor on Wednesday, September 4, 2013 Sauber will have a fourth...
12y ago from F1Zone.net

Sauber and Robin Frijns set to part company

Sauber is set to part company with reserve driver Robin Frijns after the...
12y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

How the 2027 MotoGP grid is shaping up

No description available...
3h ago from Motorsport.com

Honda pinpoints potential ‘advantage' ahead of...

Honda technical director Romano Albesiano believes there is one specific...

Toprak Razgatlioglu admits MotoGP adaptation...

Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...

Popular On IndyCarToday.com

IndyCar drivers impressed with ‘new standard’...

IndyCar is in the middle of a busy race weekend on a brand new street...
47m ago from MotorsportWeek.c...

Conor Daly snags Indy 500 ride with Dreyer and Reinbold

Dreyer and Reinbold Racing has announced that Conor Daly will drive for...

Popular On TotalWRC.com

Solberg clings on to Safari Rally lead as Ogier hunts...

Oliver Solberg started Friday with a 33.3 second lead over Elfyn Evans...

Popular On GunnersToday.com

Mikel Arteta provides fitness update on 2 key Arsenal...

Arsenal coach Mikel Arteta has shared fitness updates for key players...
37m ago from SportsKeeda.com

Pep Guardiola sends warning to Manchester City squad...

Manchester City boss Pep Guardiola has sent a warning to his side about...
3h ago from SportsKeeda.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.