Unpaid suppliers file claims against cash strapped Sauber

Sauber C32 worked on at the F1 season opener in Melbourne

Sauber C32 worked on at the F1 season opener in Melbourne

The depth of Sauber’s financial crisis is now beginning to emerge, as Handeslzeitung reports that dozens of unpaid suppliers to the struggling Hinwil based team have filed claims, totaling almost € 1 million.

The report said that the suppliers have waited several months for their invoices to be paid, before lodging the claims against Sauber with the official Swiss  Betreibungsregister (debt register).

“We are very much in contact with our suppliers,” founder Peter Sauber is quoted as saying, “and make every effort to get out of this situation as quickly as possible.”

The Swiss daily Tages-Anzeiger said that Sauber, who may also owe money to engine supplier Ferrari, needs to fill an additional $ 30 million hole simply to complete the 2013 season.

It has been reported that Sauber is in talks with a financial saviour from Russia, but the latest rumour is that the possibility of a tie-up with an international Asian carmaker is also on the table. (GMM)

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  • Hawk

    Cruel.. for Monisha to be left in such a situation

  • Well

    They deserved this for dropping Kobayashi like that. They lost so much credibility and goodwill with that silly move.

  • hahahaha

    Hawk, it was an empoisoned gift she got. It’s also a shame for Nico, first Williams now this. Us tifosi would welcome him at the Scuderia.

  • McLarenfan

    Monisha isn’t alone Peter Sauber is still working to keep the team afloat and to get this situation under control, the Hulk is the one who I feel for if he was still at Force India I am sure he would be better than A.S and would be flying high. I wonder how much financial support Checo took with him.

  • Lol.

    It is a terrible shame to see this team in such a state, sadly this sport and financial crisis is proving far too costly for the private investor.

    I hope Sauber survives this but to be honest I cannot be too optimisitic. They’ve struggled for several years now and always come up with a mid season saviour; one day their luck will run out. I just hope its not for a long time to come, or before they find enough success that sponsorship is no longer an issue.

  • McLarenfan

    There is a tale being told of a Asian car maker I wonder if we could see the Ardak Sauber or SsangYong Sauber, but SsangYong is more of a South Korea job were as Ardak Philippines.
    Makes for manufacturers play thing with a positive investment they have the capabilities to shine again

  • Benjamin

    Yes Well, Kobayashi was such a good driver… So good that no team wanted to hire him even with the €8m raised by his fans.

  • Hawk

    Lol… Am also tired of this Kobayashi business. He has nothing to show.

  • Godot

    It’s not cruel, they dropped Kobayashi for little good reason. He was progressing until they sacked him and brought in a Mexican rookie. Look around, see how well things are turning out for them. I believe this is no coincidence, Kobayashi’s firing and the downturn of Sauber’s fortunes.