{"id":18994,"date":"2013-08-14T07:08:49","date_gmt":"2013-08-14T11:08:49","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=18994"},"modified":"2013-08-14T07:08:49","modified_gmt":"2013-08-14T11:08:49","slug":"sauber-denies-russian-rescue-has-collapsed","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/sauber-denies-russian-rescue-has-collapsed\/","title":{"rendered":"Sauber denies Russian rescue has collapsed"},"content":{"rendered":"<p>Sauber has hit back at reports its Russian rescue deal has collapsed.<\/p>\n<p>German-language reports had said the release of millions in crucial backing for the almost insolvent Swiss team had been voted down this week by Russia&#8217;s National Institute of Aviation Technologies (NIAT).<\/p>\n<p>And the DPA news agency even quoted NIAT chief Oleg Sirotkin, whose son Sergey is scheduled to race for Sauber in 2014, as saying the entity cannot afford to fund a formula one team.<\/p>\n<p>But in a statement to German-language media outlets, Sauber hit back by insisting that NIAT&#8217;s &#8220;contribution&#8221; to the Russian rescue deal was &#8220;never intended&#8221; to be &#8220;financial&#8221;.<\/p>\n<p>Sauber explained that NIAT&#8217;s contribution is, instead, &#8220;a technical cooperation&#8221;.<\/p>\n<p>&#8220;We are surprised how readily some media put rumours and false reports into the world,&#8221; the Swiss team added.<\/p>\n<p>Sauber said a contract with 17-year-old Sergey Sirotkin for 2014 remains on track, and that a media statement outlining his preparation for the seat will be released as soon as the August shutdown period is over.<\/p>\n<p>As for suggestions not a single Russian ruble has flowed to the team amid the increasing impatience of unpaid suppliers like Ferrari and Pirelli, Sauber insisted: &#8220;The first contractually-guaranteed payments have already been made&#8221;.<\/p>\n<p><span style=\"color: #888888;\"><em>\u00a9 RIF | GMM<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sauber has hit back at reports its Russian rescue deal has collapsed. German-language reports had said the release of millions in crucial backing for the almost insolvent Swiss team had been voted down this week by Russia&#8217;s National Institute of Aviation Technologies (NIAT). And the DPA news agency even quoted NIAT chief Oleg Sirotkin, whose &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[5262,5340,4592,4593,4588,114,4564],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/18994"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=18994"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/18994\/revisions"}],"predecessor-version":[{"id":18995,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/18994\/revisions\/18995"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=18994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=18994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=18994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}