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 »
12y 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...
12y 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...
12y ago from GrandPrix.com

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

Sirotkin will be at Monza with Sauber

September 4th, 2013 (F1plus).- Sauber will have a fourth driver on hand...
12y ago from F1Plus.com

Elsewhere On The Network

Popular On MGPToday.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

Popular On TotalWRC.com

Popular On GunnersToday.com

'He's pushing Bukayo' – Theo Walcott feels Arsenal...

Former Arsenal attacker Theo Walcott has asserted that Noni Madueke is...
1h ago from SportsKeeda.com

'In talks' – Christian Falk provides update on...

Bayern Munich have had some early talks with those close to German...
3h ago from CaughtOffside.com

Update: Arsenal face paying £60m to sign PL star,...

Arsenal are keen on the transfer of Kevin Schade, but there has been a new...
3h ago from CaughtOffside.com

'People will laugh' – Michael Owen snubs Arsenal as...

Ex-Liverpool and Manchester United striker Michael Owen has asserted the...
2h 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.