LATEST

Sauber pays overdue staff wages

Speedcafe.com

Friday 11th March, 2016 - 9:58am

Share:

Sauber F1 will continue preparations for the Australian Grand Prix having cleared its cash flow problem

Sauber F1 will continue preparations for the Australian Grand Prix having cleared its cash flow problem

Sauber has confirmed its staff have received their overdue salaries for February as the team prepares to begin the new season in Melbourne.

The Swiss operation confirmed this week that a cash flow problem had delayed the payment of wages to team members.

However, the team’s communications manager Robert Hopoltseder has now announced that the issue has been resolved.

Sauber is said to be involved in advanced talks with a new title sponsor as it looks to shore up its finances.

The team will arrive in Melbourne next week for the opening round of the season at Albert Park.

Speedcafe.com comment policy

Speedcafe.com reserves the right to deny any post that is abusive or offtopic. Users are encouraged to flag/report comments which should be removed.

Some comments may require approval before being published which can take up to 48 hours.

For support, please contact [email protected]

Speedcafe.com has been established to provide a daily motorsport news service to the industry and fans in Australia and internationally.

Read the Speedcafe.com promise
Newsletter

Subscribe to our daily newsletter, the best way to get your news first, fast, and free!