Monisha Kaltenborn hits out at F1’s financial status - Sauber's struggle highlight funding format issues
Published by Christine
Sauber have been quietly struggling for sponsorship and to stay in business for a while now, but it became obvious earlier in the year when employees found themselves receiving their salaries a bit late. Team principal Monisha Kaltenborn has criticized the way the sport is funded, and whilst not talking about the Swiss team’s specific budget problems, she does air some concerns reported by Crash.net.
“It doesn’t give you any comfort to know others are suffering as well, you can’t look at yourself and give an excuse to say I can’t do this and, by the way, five others can’t do it as well. It unfortunately just says what situation the sport is in. This has got nothing to do with the product; these are commercial matters.”
She continues: “Some of this is the result of technical regulations and it’s high time something is done about it… So many teams are having issues, this can’t be right. Something is fundamentally wrong in the sport.”
