Motorsport: Sauber behind on payments

  • Sign in required

    Please sign in to your account to add a vehicle to favourite

  • Share this article

Marcus Ericsson drives the new Sauber F1 car during a testing session at the the Catalunya racetrack in Spain earlier this year. Picture/AP

Marcus Ericsson drives the new Sauber F1 car during a testing session at the the Catalunya racetrack in Spain earlier this year. Picture/AP

Cashflow problems at Sauber F1 team

Formula One team Sauber has not paid the February salaries of its Formula One staff in full because of cashflow problems according to Autosport magazine.

The Swiss outfit is close to securing a title sponsor and is expected to take the grid at the first event of the season in Australia later this month.

Sauber, Force India and Manor asked F1 boss Bernie Ecclestone for an advance on their championship payments back in November.

Swede Marcus Ericsson and Brazilan Felipe Nasr have been signed to drive for the team in 2016 and both bring millions of dollars in sponsorship with them.

NZ Herald