Sauber's Financial Woes Revealed

Earlier in the week, I reported Sauber's current economic struggle. While the details regarding their financial issues were unclear, the full scale of Sauber's debt has now been revealed and it is far from pleasant reading for Sauber faithful. With the team requiring an estimated figure of £26.8 million in order to complete this season alone, they are in dire need of major investment. Money which Bernie Ecclestone will not supply, after the F1 Supremo declared that he will not bail out the Swiss team.
Undoubtedly, the team's struggles on track will not have aided their pitch to potential investors. With just seven points on the board, Sauber have slipped down the Formula One pecking order despite a 2012 campaign where they significantly exceeded all expectations.