Sauber’s financial situation improving – Nasr

2016 Austrian Grand Prix

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Felipe Nasr believes Sauber is getting on top of its financial problems and the benefits will soon be seen on track.

Sauber lost several top technical staff at the beginning of the year and was behind on its salary payments on more than one occasion. However Nasr says the team is now in a more secure position.

“I’m still fully committed to the team,” he said in today’s FIA press conference. “I’m pretty sure the situation seems to have got better from what I hear: getting all the employees’ salaries paid, it just gives a boost to everyone back in the factory [and] at the track.”

“I’m sure we soon can start updating the car. All we want is the results on track which I think we can have pretty soon. We’ve just got to keep doing all we can for now.”

Bernie Ecclestone recently suggested Formula One could move to a more equitable distribution of prize money which could help teams like Sauber, something Nasr is in favour of.

“I think it would for sure balance out things for better for teams that are dependant on other resources,” he said.

“For example Sauber is a private team, it just gives you a better chance to start the year developing the car, developing things. Sometimes it is just so spread apart that we cannot even get close to other teams just in how much we can do with our financial resources.”

“It wouldn’t be a bad idea. For sure it’s something to consider. But it has to balance out for everyone as well, not only thinking about us.”

2016 Austrian Grand Prix

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    Keith Collantine
    Lifelong motor sport fan Keith set up RaceFans in 2005 - when it was originally called F1 Fanatic. Having previously worked as a motoring...

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    3 comments on “Sauber’s financial situation improving – Nasr”

    1. Good news. As a fan of racing, ideally all teams wouldbe within a few tenths, and then some faster on straights, some faster in corners.

      Sauber would ideally be up there in the mix.

      I hope they get financial injection the size of Alfa Romeo…

    2. Nice. I am not a fan of Kaltenborn, but i do want this team and all the guys who work there to stay in F1.

    3. So Pastor has been signed?

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