'Troubled Sauber on the verge of collapsing'

  • Published on 04 Apr 2016 12:09
  • comments 6
  • By: Rob Veenstra

In the early rounds of the 2016 season, Sauber is clinging to mere survival. The Swiss team cleared a high hurdle recently after falling behind in February wage payments to its 300 staff, but more problems are now obviously on display.

Felipe Nasr, the Brazilian driver whose sponsor Banco do Brasil is Sauber's main backer, complained vociferously throughout the Bahrain weekend about his car. "This car is terrible to drive!" he exclaimed on team radio. Nasr also told Brazil's Globo Esporte in Bahrain: "Clearly we have some problems with my car. Now we need to really analyse everything before China," he added.

But there are worrying rumours that Sauber might reach the end of the road in the next couple of weeks, before making the trip to the Shanghai metropolis. Team co-owner and boss Monisha Kaltenborn was not even in Bahrain, amid speculation she stayed behind in Hinwil to address Sauber's urgent financial problems. "It is no secret that the fourth-oldest F1 team is in trouble," read a report in Speed Week.

Kaltenborn is a fierce critic of the sport's current revenue-distribution model which vastly favours the biggest and most successful teams. And that is amid a backdrop of steadily declining sponsorship within the struggling sport, according to James Allen of the Financial Times.

F1 sponsorship guru Zak Brown agrees: "The costs are, to me, the single largest issue and the one that then drives many of the others. We have an industry that is exploding in cost, and collectively they are not able to gather and get those costs under control," he added. (GMM)

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  • Vet5

    Posts: 225

    I'm sorry but it was bound to happen with Kaltenborn. She has no clue! When all the teams got together last year about the parallel engine scheme that was to be introduced @ a fraction of 22m Euro price tag of the Hybrids, she disagreed with it (Probably to not piss of Ferrari) but if you're team are financially unstable you should be accepting every avenue of cost saving! I don't feel sorry for her, I feel sorry for the employee's that she's in charge of!

    • + 0
    • Apr 4 2016 - 12:33
    • True story, she is a crook. The moment she is out of the picture that team is saved. More importantly though she shouldn't be allowed to just leave like that, she needs to be put behind bars for all the financial scandals she has been involved in.

      • + 0
      • Apr 4 2016 - 12:49
    • Vet5

      Posts: 225

      Totally agree mate! I really hope Sauber don't have faith in her! She needs to go! Its going to come to the stage where Ecclestone is paying the wages like he did with Lotus last year! Its horrible to see teams struggle, they need to get rid of this expensive hybrid technology!

      • + 0
      • Apr 4 2016 - 13:36
  • We need more fighters like Sauber, with a better Management. Time to follow the Haas model? Sauber-Honda is better for both.

    • + 0
    • Apr 4 2016 - 18:18
  • khasmir

    Posts: 893

    Would be a shame to see this team disappear...

    • + 0
    • Apr 4 2016 - 19:15
    • Agreed, Sauber has never been a favourite team for me, but they have a nice history, and I'd hate for them to vanish.

      • + 0
      • Apr 4 2016 - 22:26

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Formula 1 Calendar - 2024

Date
Grand Prix
Circuit
-
Bahrain
29 - Mar 2 2024
Bahrain
7 - Mar 9 2024
Saudi Arabia
22 - Mar 24 2024
Australia
5 - Apr 7 2024
Japan
19 - Apr 21 2024
China
3 - May 5 2024
United States of America
17 - May 19 2024
Italy
24 - May 26 2024
Monaco
7 - Jun 9 2024
Canada
21 - Jun 23 2024
Spain
28 - Jun 30 2024
Austria
5 - Jul 7 2024
United Kingdom
19 - Jul 21 2024
Hungary
26 - Jul 28 2024
Belgium
23 - Aug 25 2024
Netherlands
30 - Sep 1 2024
Italy
13 - Sep 15 2024
Azerbaijan
20 - Sep 22 2024
Singapore
18 - Oct 20 2024
United States of America
25 - Oct 27 2024
Mexico
1 - Nov 3 2024
Brazil
22 - Nov 24 2024
United States of America
29 - Dec 1 2024
Qatar
6 - Dec 8 2024
United Arab Emirates
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Formula 1 Calendar - 2024

Date
Grand Prix & Circuit
29 - Mar 2 2024
7 - Mar 9 2024
Saudi Arabia Jeddah Street Circuit
22 - Mar 24 2024
Australia Albert Park
5 - Apr 7 2024
19 - Apr 21 2024
3 - May 5 2024
United States of America Miami International Autodrome
17 - May 19 2024
24 - May 26 2024
Monaco Monte Carlo
7 - Jun 9 2024
21 - Jun 23 2024
28 - Jun 30 2024
Austria Red Bull Ring
5 - Jul 7 2024
United Kingdom Silverstone
19 - Jul 21 2024
Hungary Hungaroring
26 - Jul 28 2024
23 - Aug 25 2024
Netherlands Circuit Zandvoort
30 - Sep 1 2024
Italy Monza
13 - Sep 15 2024
Azerbaijan Baku City Circuit
20 - Sep 22 2024
18 - Oct 20 2024
United States of America Circuit of the Americas
25 - Oct 27 2024
1 - Nov 3 2024
Brazil Interlagos
22 - Nov 24 2024
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