Sauber F1 team late to pay staff again for April

The Sauber Formula 1 team has failed to pay its staff salaries on time for the third successive month, Autosport has learned

Sauber F1 team late to pay staff again for April

Cashflow problems meant February and March salaries were paid around a week late.

The situation has repeated itself for the month of April but Sauber hopes a solution will be found to ensure all employees are paid.

The team is pushing ahead with plans to compete in the Spanish Grand Prix, where it will run Ferrari's new spec engines.

It will not take part in the in-season test in Barcelona, which follows the race on Tuesday and Wednesday, because it has no new aero updates.

Marcus Ericsson said in Russia that he does not expect car developments for "another two or three races at least".

The team is struggling financially with team principal Monisha Kaltenborn working hard to find new sponsors to boost its budget.

Technical director Mark Smith left the team on the eve of the season while head of track engineer Tim Malyon left after just over three months in the job.

Speaking in Russia, team manager Beat Zehnder said: "We have financial difficulties, it's not a secret, but I think the good thing is we are still around.

"We're working hard to solve all the problems but it's not easy.

"An annual budget this year is just a massive one and to just cover it by sponsors and the income from Bernie [Ecclestone] is just not sufficient at the moment."

Zehnder also cited the exchange rate and Sauber's Switzerland location has made life challenging for the team.

"In 2007, one dollar was 1.5 Swiss Francs," he said. "Now we have parity.

"So what we had income in dollars is now worth 50 per cent less.

"The other thing is that obviously F1 personnel, technical, mechanics, you kind of have a pool in the UK.

"We don't have it in Switzerland so for motorsport, it's maybe not the best place to be - although we have wonderful living."

shares
comments
Fernando Alonso: Regular F1 points now realistic for McLaren

Previous article

Fernando Alonso: Regular F1 points now realistic for McLaren

Next article

F1 analysis: Why Red Bull's Verstappen shuffle is good for Sainz

F1 analysis: Why Red Bull's Verstappen shuffle is good for Sainz
Load comments
The forgotten F1 comeback that began Jordan’s odyssey  Plus

The forgotten F1 comeback that began Jordan’s odyssey 

Before Michael Schumacher – or anyone else – had driven the 191 (or 911 as it was initially called), Eddie Jordan turned to a fellow Irishman to test his new Formula 1 car. JOHN WATSON, a grand prix winner for Penske and McLaren, recalls his role in the birth of a legend…

The squandered potential of a 70s F1 underdog Plus

The squandered potential of a 70s F1 underdog

A podium finisher in its first outing but then never again, the BRM P201 was a classic case of an opportunity squandered by disorganisation and complacency, says STUART CODLING

Formula 1
Sep 18, 2021
The other notable Monza escape that F1 should learn from Plus

The other notable Monza escape that F1 should learn from

OPINION: The headlines were dominated by the Italian Grand Prix crash between Max Verstappen and Lewis Hamilton, who had the halo to thank for avoiding potentially serious injury. But two days earlier, Formula 1 had a lucky escape with a Monza pitlane incident that could also have had grave consequences

Formula 1
Sep 17, 2021
How Monza only added more questions to F1's sprint race conundrum Plus

How Monza only added more questions to F1's sprint race conundrum

With two sprint races under its belt, Formula 1 must now consider its options for them going forward. While they've helped deliver exciting racing on Sundays, the sprints themselves have been somewhat lacking - creating yet another conundrum for F1 to solve...

Formula 1
Sep 16, 2021
Who should Alfa Romeo sign for 2022's F1 season? Plus

Who should Alfa Romeo sign for 2022's F1 season?

OPINION: With Valtteri Bottas already signed up for 2022, all eyes are on the race for the second seat at Alfa Romeo next year. Antonio Giovinazzi is the current incumbent, but faces a tough competition from appealing short and long-term prospects

Formula 1
Sep 15, 2021
The "forced break" that was key to Ricciardo's Monza excellence Plus

The "forced break" that was key to Ricciardo's Monza excellence

OPINION: Daniel Ricciardo has long been considered one of Formula 1’s elite drivers. But his struggles at McLaren since switching from Renault for 2021 have been painful to watch at times. Yet he’s recovered to banish those memories with a famous Monza win – built on a critically important foundation

Formula 1
Sep 14, 2021
How Verstappen is ruining his F1 title battle with Hamilton Plus

How Verstappen is ruining his F1 title battle with Hamilton

OPINION: The Italian GP clash between Lewis Hamilton and Max Verstappen followed a running theme in the 2021 Formula 1 title fight. Their close-quarters battles have often resulted in contact - and although Hamilton has shown a willingness to back off, Verstappen must learn to temper his aggression

Formula 1
Sep 14, 2021
Italian Grand Prix Driver Ratings Plus

Italian Grand Prix Driver Ratings

Two drivers produced maximum-score performances as, for the second year in a row, Monza threw up an unpredictable result that left several others ruing what might have been

Formula 1
Sep 13, 2021