Sauber late with staff payments again
Apr.7 – Sauber has fallen behind once again with its full salary payments to its 300 staff in Switzerland. Boss Monisha Kaltenborn..
F1 money - Page 46
Lawyer says Rosberg not evading tax
Apr.6 – Nico Rosberg‘s lawyer has denied claims the Mercedes driver is evading tax. The 2016 championship leader’s name..
Reports: Sauber in talks with investors
Apr.6 – Amid Sauber‘s obvious financial problems early in 2016, new media reports suggest the struggling Swiss team could soon..
Rosberg named in ‘Panama Papers’ tax evasion leak
Apr.5 – Championship leader Nico Rosberg‘s name is among hundreds implicated in an enormous global leak of documents known as..
Kaltenborn skips Bahrain amid collapse rumours
Apr.4 – In the early rounds of the 2016 season, Sauber is clinging to mere survival. The Swiss team cleared a high hurdle recently..
Austria secures lower fee for F1 TV rights
Apr.2 – F1 is staying on free-to-air television in Austria, after the broadcaster ORF renewed its deal with the sport. Late last..
Ecclestone: No $10m start-up bonus for Haas
Mar.20 – Haas will not get the $10 million start-up bonus that was paid to F1’s most recent team newcomers. To entice the three..
Toro Rosso’s Sainz survived Cepsa departure
Mar.18 – Carlos Sainz says he is happy to have survived the departure from Toro Rosso of the major Spanish sponsor Cepsa. Many..
Troubled Mallya set to sit out Melbourne
Mar.16 – Force India deputy Bob Fernley has hinted that team owner Vijay Mallya will likely skip this weekend’s 2016 season..
Stoll: Renault not spending more as works team
Mar.15 – Renault is apparently not having to spend much more on its formula one programme despite returning to full works status in..
Kaltenborn hopes March salaries paid on time
Mar.14 – The sponsorship and income situation in formula one has left Sauber fighting for survival. The Swiss team has at least..
Struggling Sauber pays staff
Mar.10 – Sauber has now paid the two thirds of its 300-strong workforce in Switzerland who were waiting for their overdue February..
Wolff sells last shares in Williams team
Mar.10 – Toto Wolff has severed his last ties to the Williams team. The Austrian entered F1 in 2009 when he bought into the British..
Sauber falls behind in February staff salaries
Mar.7 – Sauber is entering yet another F1 season under a financial cloud. A year ago, it was the Giedo van der Garde saga that almost..
Bank asks court for Mallya’s arrest
Mar.3 – Vijay Mallya on Thursday rejected calls for his arrest. Amid the ongoing fallout from the collapse of his airline Kingfisher,..
US GP hopes buoyed as Austin lowers tax bill
Mar.1 – Hopes are increasing that the embattled US grand prix will in fact take place in October. Currently, the popular Austin race..
Mallya gets $75m & F1 sponsor deal in company split
Feb.26 – Vijay Mallya, the Force India boss and co-owner, will receive $75 million to walk away from a company. United Spirits, the..
Haryanto may need more funding for full Manor seat
Feb.25 – A cloud may already be hanging above Rio Haryanto’s new race seat at Manor. The 23-year-old rookie secured the drive..
Briatore: Ecclestone ‘must be paid’ for new Monza deal
Feb.23 – Flavio Briatore has warned organisers of the Italian grand prix not to play hardball with Bernie Ecclestone. As negotiations..
Red Bull’s Marko says F1 drivers overpaid
Feb.11 – Two prominent F1 chiefs disagree over the issue of whether formula one drivers are grossly overpaid. It is believed top..
