Sauber insist they will be on the 2014 Formula One grid despite their current financial problems.
The Hinwil squad have been part of the sport since 1993, but they are going through a difficult time with founder and owner Peter Sauber as well as team principal Monisha Kaltenborn revealing some suppliers have not been paid.
Sauber also admitted the situation is "embarrassing", but he denied reports that they have failed to pay their drivers and other staff.
Formula One supremo Bernie Ecclestone has already warned that he won't bail the team out, but he is hopeful they will land a major sponsor soon.
Despite their woes, Sauber are confident they will overcome the current situation.
"Sauber has been in Formula One for more than 20 years," team spokesperson Hanspeter Brack told The Associated Press in an email.
"We will overcome this difficult situation, and we will be there in 2014."
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