Hulkenberg salary on hold as Sauber hits financial trouble 1 July, 2013 Nico Hulkenberg Nico Hulkenberg is the victim of a financial crisis at Swiss team Sauber, the German newspaper Bild reports. We reported on Sunday that, as the Hinwil based team runs out of money, development of the uncompetitive C32 has stopped, and suppliers’ bills are going unpaid. The Swiss newspaper Blick said that Sauber is desperately waiting for a new sponsor, believed to be Russian natural gas giant Gazprom, to sign up. Bild correspondents Helmut Uhl and Nicola Pohl claim that Hulkenberg is yet to be paid for May. Team boss Monisha Kaltenborn confirmed: “It’s true, we’re in trouble at the moment, but we will get out of it again, and in any case will still be here at the end of the season.” (GMM.) Subbed by AJN. Tweet Related NewsFong and Nissany to test a Sauber in ValenciaRussian teenager Sirotkin makes impressive debutSauber looking to put Russian deal back on trackBlow to De Silvestro’s F1 ambitions as funds dry upAt least three F1 teams in battle for survivalSauber: A very disappointing raceSauber: Energy management issues didn’t help us at allSauber: We ran into some unexpected limitationsSauber preview Singapore Grand Prix weekendSirotkin and Verstappen set for FP1 sessions this year =El Presidente= Another team broken by the ever rising costs.. 4 teams left, MB/RB/McL/Ferrari.. and maybe F-India.. but the rest are in serious financial weather. Relevant Links I am going to at once clutch i465 a person’s rss feed once i can’t discover your own e-mail request url as well as e-newsletter support. Do you might have any? Generously ok, i’ll know to ensure that I really could register. Appreciate it. Pff Serves them right for sacking Kobayashi for a bag of money. They lost all credibility and goodwill in the F1 world with that move. Now they have 2 new drivers that cant get used to the car and score no points to attract sponsors. Kimi4WDC This team is not broken up by rising cost, but by the sustainable business mentality rather than being a Formula 1 team in a first place. Monisha would be great at running big government organizations, but she is no Formula 1 Team principle of likes Peter Sauber, Frank Williams or Ron Dennis.