Sauber uses (new) drivers' money to pay its (old) debts
http://grandepremio.uol.com.br/f1/notic ... e-material
- All of (or at least great part of) Ericsson's, Nasr's and FIA's payments used for previous debts;
- C34 is severely underdeveloped;
- At some point, the C34 production had to be interrupted due to lack of materials;
- Drivers' money combined: EUR 40 millions;
- FIA prize money: EUR 10 millions;
- Ferrari used Sauber's windtunnel in order to sweet the engine debt. The Italian team keeps supplying PUs despite of their late payments;
- Sauber didn't have money to redevelop front aero in 2014, this being indicated by the technical team as one of the three major problems: Ferrari PU, car overweight and front aero (the nose, to be more specific);
- Inside the team the talking is realistic: C34 will be the worst car of the 2015 season;
#aerogollumturbof1 wrote: YOU SHALL NOT......STALLLLL!!!
This article is form the last "crisis" of the year 2011. I guess that these conclusions can be drawn to the current situation as well, though. Doesnt look goodFacts Only wrote:I wonder how the jump in the value of the Swiss Franc is affecting them? If their suppliers are largely in the ยฃ/Euro zones then at least there money will go a little further. On the other hand if they haven't been paid their prize money yet and there suppliers are largely Swiss then the money wont go nearly as far.