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Sauber: Yes, it is true,’We’re in trouble’
Sauber F1 boss and co-owner Monisha Kaltenboth Sauber is entering yet another F1 season under a financial cloud. A year ago, it was the Giedo van der Garde saga that almost derailed the struggling Swiss team. Now, the Swiss newspaper Blick reports that Sauber has fallen behind in its wage payments to its more than 300 staff at the Hinwil factory. 'Yes, it is true,' boss and co-owner Monisha Kaltenboth confirmed. 'Part of the February salaries are still due, which I really regret,' she explained. Kaltenborn continued: 'Right now is the most cost-intensive period (of the season). And there have been technical problems with the transfer of a big sponsorship amount from abroad.' She told her...
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10y ago from ThisIsF1.com
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