Recent rumours in the German press had suggested that anticipated payments have not yet been met, something that the Swiss team denies.
“Due to erroneous reports and rumours circulating in certain media, we feel compelled to make the following statement,” the Swiss team said.
“The collaboration with Russian partners, as announced by us, is progressing well.”
“The contract with driver Sergey Sirotkin is in place. Preparations for his involvement in the team, as likewise announced, will start next week following the end of the customary holiday period in the sector.”
“Beyond this, initial payments to the team have already been made, as per contract.”
“A financial involvement on the part of NIAT (National Institute of Aviation Technologies) was never mooted. The plan envisaged a purely technical partnership.”
“We are astounded at the heedlessness with which some media are prepared to spread false reports and rumours.”
Sauber is currently in eighth place in the championship, having collected seven points from the opening 10 races of 2013.