News Details
Rivals blocked Liberty Media's loan to Force India
Force India's chief operating officer, Otmar Szafnauer has admitted that its request for a loan from Liberty Media was blocked earlier this year by their rivals. Force India were having some financial troubles earlier this year and needed any help they could get. "It's no secret we asked for a bit of money up front so that gets us through the winter," Szafnauer told Reuters. "This year that money wasn't forthcoming because I think some of the teams said 'you can't do that', and blocked it. "It put a bit of financial strain on us over the winter. "If you have 10 million extra in November and December, then you can build the car parts. If you don't, you...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
Rival teams 'blocked Liberty cash aid' to Force India
Force India's chief operating officer Otmar Szafnauer has revealed that...
7y ago from F1i.com
Rivals teams blocked Force India cash advances
It's well documented that in the old days, Bernie Ecclestone regularly...
7y ago from Pitpass.com
Liberty Media gives loan to Force India - report
Jun.14 Force India, the leading independent F1 team, is struggling for...
7y ago from OneStopStrategy.com
Spa signs new three-year extension with Liberty
Spa will continue to host the Belgian Grand Prix through to the end of...
7y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
BMW admits 2027 MotoGP entry ‘not viable’ as it...
BMW has admitted it is “not viable” for the German manufacturer to...
2h ago from MotorsportWeek.c...
Why the next contract matters more to Fabio Quartararo...
No description available...
1d ago from Motorsport.com
Honda in conundrum over Somkiat Chantra stand-in for...
No description available...
1d ago from Motorsport.com
BMW admits 2027 MotoGP entry “not viable” as it...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
12h ago from MotorsportWeek.c...
Alex Palou clinches title, becomes IndyCar’s newest...
Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...
12h ago from MotorsportWeek.c...
Will Power victorious after tense battle for the top...
IndyCar tackled the final road course of the season on Sunday, completing...
12h ago from MotorsportWeek.c...
Alex Palou is your 2025 IndyCar series champion with...
No description available...
12h ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
6d ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“I’d agree” - Alan Shearer and Gary Lineker say...
Alan Shearer and Gary Lineker believe that Viktor Gyokeres' arrival might...
1h ago from SportsKeeda.com
Arsenal latest: 'Players come and go' - Parish coy...
No description available...
1h ago from SkySports.com
Jose Mourinho makes offer to sign Arsenal star; wants...
Former Premier League winning-coach Jose Mourinho wants to sign Arsenal...
2h ago from SportsKeeda.com
Sources: 100 million fee set for attacker wanted by...
The uncertainty surrounding Rodrygo’s role at Real Madrid has become one...
4h ago from CaughtOffside.com
Comments
Hottest News
Paddock split as Horner's future rumours swirl
Aug.11 The fallout from Christian Horner's Red... Read More »
1h ago from OneStopStrategy.com
F1 racing ‘over' but other roles possible –...
Aug.11 Sebastian Vettel has firmly closed the... Read More »
1h ago from OneStopStrategy.com
Red Bull star reveals truth behind relationship with...
A Red Bull F1 insider has opened up on his... Read More »
1h ago from GPFans.com