Reports that Sauber’s Russian rescue deal is on the brink of collapse are persisting.<\/p>\n
Last week, despite F1’s August slumber, the Swiss team was forced to reject reports the millions in crucial backing might never materialise.<\/p>\n
“We are astounded at the heedlessness with which some media are prepared to spread false reports and rumours,” said the team in an official statement.<\/p>\n
In the same statement, the Hinwil based team said a contract with teenage Russian driver Sergey Sirotkin, whose father is a key figure in the entire deal, “is in place”.<\/p>\n
But the German newspaper Welt am Sonntag reported on Sunday that it has “documents that prove the opposite”.<\/p>\n
Indeed, Sirotkin’s father Oleg has told Izvestia, a Russian daily, that he will only travel to Switzerland this week to sign the deal.<\/p>\n
“I guess it is not so different from other, similar (pay-driver) contracts, which are usually (EUR) 20 to 30 million,” he is quoted as saying.<\/p>\n
Welt am Sonntag correspondent Burkhard Nuppeney reported, therefore, that Sauber’s short-term survival depends on the actual signing of those sponsor deals.<\/p>\n
Engine supplier Ferrari is reportedly demanding about half of a long overdue EUR 18 million bill be paid immediately.<\/p>\n
“Welt am Sonntag has learned that only three of the required eight million has actually been paid,” wrote Nuppeney, who said the situation could come to a head this weekend in Belgium.<\/p>\n
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