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Fernley: Williams vetoed our request for money advance

Apparently, the competition between Formula 1 teams is as tough off-track as it is on track as Williams proved by vetoing an advance payment request made by Force India and thus forcing the team to source required funding for the season. Deputy team principal Bob Fernley revealed to Auto Bild that when he requested a financial advance from Liberty Media – a common request from teams – on the back of their 2017 income, they were blocked, He explained, 'For that to happen we needed the unanimous approval of the other teams, but Williams decided to veto.' 'I will have to raise a lot of money in a short amount of time. I have a plan that could work in the next two to three weeks,'...
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7y ago from GrandPrix247.com 0
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