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F1 Australian GP: Sauber admits delay to portion of staff wages

Monisha Kaltenborn admits a problem receiving sponsorship money has resulted in some Sauber staff having their February wages delayed.
Sauber CEO Monisha Kaltenborn had admitted a 'technical problems' with the arrival of sponsorship has prompted a delay in payment to a portion of its staff.

The Swiss team has endured a tough start to the 2016 F1 season after having to wait until the second pre-season test to give its C35 its track debut, though it insists it is ready for the Australian Grand Prix.

However, a report in the Swiss Blick newspaper revealed a problem receiving sponsorship payments from drivers Marcus Ericsson and Felipe Nasr have had a knock-on effect with the team staff. However, Kaltenborn insists it is an unfortunate eventuality rather than a sign of something worse to come.

"Yes it's right. Part of the February salaries is pending. I regret that immensely,” she said. “It is unfortunate. We now have the most expensive time. And with the transfer of a large amount sponsorship from abroad, there has been remittance technical problems.

“We will solve soon. We will get the current problems under control and get us out of this unfortunate situation. We fight and come out of there. Just as in recent years.”

Sauber grabbed the headlines at the opening round of the 2015 F1 season when it transpired it had three drivers – including Giedo van der Garde – under contract to race in Australia, resulting in a series of court appearances before a settlement was reached that would see the Dutchman end his agreement with the team.



Related Pictures

Click on relevant pic to enlarge
Marcus Ericsson (SWE) Sauber C35. 04.03.2016. F
French Grand Prix at Paul Ricard
Lewis Hamilton, Mercedes, Pirelli 2017 tyre test [Credit: Pirelli]
27.11.2016 - Race, Marcus Ericsson (SUE) Sauber C34 and Fernando Alonso (ESP) McLaren Honda MP4-31
27.11.2016 - Race, Marcus Ericsson (SUE) Sauber C34
27.11.2016 - Race, Felipe Nasr (BRA) Sauber C34
27.11.2016 - Race, Felipe Nasr (BRA) Sauber C34 and Max Verstappen (NED) Red Bull Racing RB12
27.11.2016 - Race, Felipe Nasr (BRA) Sauber C34
27.11.2016 - Race, Marcus Ericsson (SUE) Sauber C34, Carlos Sainz Jr (ESP) Scuderia Toro Rosso STR11 and Max Verstappen (NED) Red Bull Racing RB12
27.11.2016 - Race, Marcus Ericsson (SUE) Sauber C34
27.11.2016 - Race, Felipe Nasr (BRA) Sauber C34 leads Romain Grosjean (FRA) Haas F1 Team VF-16
27.11.2016 - Race, Esteban Ocon (FRA) Manor Racing MRT05, Pascal Wehrlein (GER) Manor Racing MRT05 and Felipe Nasr (BRA) Sauber C34
27.11.2016 - Daniel Ricciardo (AUS) Red Bull Racing RB12, Daniil Kvyat (RUS) Scuderia Toro Rosso STR11 and Marcus Ericsson (SUE) Sauber C34
27.11.2016 - Romain Grosjean (FRA) Haas F1 Team VF-16, Felipe Nasr (BRA) Sauber C34 and Fernando Alonso (ESP) McLaren Honda MP4-31
27.11.2016 - Felipe Nasr (BRA) Sauber C34
26.11.2016 - Free Practice 3, Felipe Nasr (BRA) Sauber C34 and Daniel Ricciardo (AUS) Red Bull Racing RB12
26.11.2016 - Free Practice 3, Felipe Nasr (BRA) Sauber C34 and Kimi Raikkonen (FIN) Scuderia Ferrari SF16-H
26.11.2016 - Free Practice 3, Felipe Nasr (BRA) Sauber C34 leads Marcus Ericsson (SUE) Sauber C34

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Taz

March 07, 2016 1:27 PM

mrfill:
Taz: Yikes, It's not good if cashflow is that tight, still I'm sure Monisha knows what's she's doing (cough)
Maldonado and Sutil could be signed up - they carry plenty of moolah to splash around. What could possibly go wrong?
She'll have 4 drivers signed up before the 1st round!

bernyec

March 07, 2016 1:36 PM

the season not yet started and they got cashflow problems, oh oh , what's going to happen when they realy start spending money, still the " accountant" ? will sort it, (liked the 4 drivers post) ( lol) !!



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