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Cashflow problems

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F1: Sauber surprised by financial delays

Formula 1

F1: Sauber surprised by financial delays

By alley - Mar 17, 2016, 4:01 AM ET

Sauber boss Monisha Kaltenborn says the circumstances that created winter financial trouble for her Formula 1 team caught the squad by surprise.Cashflow problems forced the Swiss team to pay its staff's February salaries late and in two parts. This followed a request to Bernie Ecclestone for advanced payment of commercial...

F1: Sauber pays overdue staff salaries

Formula 1

F1: Sauber pays overdue staff salaries

By alley - Mar 9, 2016, 2:01 PM ET

Sauber has paid the remainder of the February salaries of its Formula 1 staff and is in no doubt it will compete in the season-opening Australian Grand Prix.Cashflow problems meant the Swiss team was unable to fulfill last month's wage bill in full. But on Wednesday, the team confirmed that...

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