Hulkenberg finally gets some money from cash strapped Sauber

Nico Hulkenberg

Nico Hulkenberg

Despite protestations to the contrary, Sauber’s struggle for survival is far from over, according to the latest reports from Germany.

The Russian rescue deal had appeared back on track on Friday, as teen driver Sergey Sirotkin confirmed rumours he has now signed a race deal for 2014.

But Welt newspaper said that the flow of money from Russia has actually been barely more than a trickle.

Reporting from Spa, Bild correspondents Nicola Pohl and Lennart Wermke referred to a promised € 22 million injection, in exchange for Sirotkin’s race seat.

But the reports said that only € 3 million actually materialised.

“For Sauber, the situation is dramatic,” said Pohl and Wermke. “The Russian rescue is probably off the table.”

However, there are also conflicting reports. Auto Motor und Sport claims that driver Nico Hulkenberg, who has been waiting to be paid all season, has now received the first instalment.

“We got some money,” confirmed his manager Werner Heinz. “At Sauber things are looking up.”

The German report also said that Sauber has travelled to Belgium with a new front wing and is tinkering once again with a passive double-DRS system, indicating that funds for technical development are flowing once again. (GMM)

Subbed by AJN.

  • Boycottthebull

    Bet you he wont see the rest of his money though. With daddy buying his boy a F1 team your better off elsewhere Nico. With Gimmi Gimmi Kimi more interested on the cash than the racing hopefully he will be cut loose by Lotus and he can go off to drive drink cans. Grosjean has been faster than Kimi for alot less cash and more team spirit. Team Grosjean and Niko together and you will have a great team going.