News Details
Force India F1 team put into administration
Vijay Mallya’s Force India Formula One team has been put into administration after a court hearing in London on Friday, deputy principal Bob Fernley said. “An administrator was appointed by the court for Force India F1 this evening,” he confirmed to Reuters. The team’s chief operating officer Otmar Szafnauer told reporters earlier that the team might have to enter some form of administration before it could emerge on a sounder financial footing. Force India are currently in Budapest and will continue to prepare for Sunday’s Hungarian Grand Prix, the last race before the August break. A source close to the matter told Reuters that the action had been triggered by Mexican driver...
Full Story »
Full Story »
7y ago from GrandPrix247.com
0
You May Also Be Interested In...
Szafnauer: Force India future clear and secure in week...
Vijay Mallya’s Force India Formula One team may have to go into some...
7y ago from GrandPrix247.com
Force India 'open' to releasing Ocon
Force India's chief operating officer Otmar Szafnauer says the team would...
7y ago from F1i.com
Perez and creditors drive Force India into...
Force India deputy team principal Bob Fernley has confirmed that the F1...
7y ago from F1i.com
Force India goes into administration
Force India deputy principal Bob Fernley has confirmed that the team has...
7y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez admits ‘my body will force me to retire...
No description available...
23h ago from Motorsport.com
Ducati anticipates ‘2024 version’ of Francesco...
Ducati Team Manager Davide Tardozzi is “very confident” Francesco...
23h ago from MotorsportWeek.c...
Honda completes another test with 2027 bike as Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin: Aprilia signed me to win the title,...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
2d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
2d ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
2d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Nani Roma: Dakar 2026 at 'F1 level' after close fight
No description available...
17h ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
22h ago from Motorsport.com
Luciano Benavides defeats Ricky Brabec by two seconds...
No description available...
1d ago from Motorsport.com
Ford's Nani Roma survives late crash and fuel drama to...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Nottingham Forest 0-0 Arsenal: Gunners misfire to...
Match report – Player ratings – Arteta reaction – Quotes...
1h ago from Arseblog.com
Arsenal star Declan Rice's X-rated reaction after...
Declan Rice was pissed following Arsenal’s 0-0 draw against Nottingham...
4h ago from SportsKeeda.com
Nottingham Forest 0-0 Arsenal: Premier League – live...
points were shared on an evening when Arsenal extended their lead at the...
14h ago from TheGuardian.com
Arsenal now set to target £120m double transfer after...
Arsenal are now reportedly set to switch their focus to Eintracht...
22h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen makes Helmut Marko promise after 'emotional...
Max is a man of his word and will keep this... Read More »
58m ago from RacingNews365.com
Fred Vasseur makes frank admission over controversial...
The Ferrari boss has admitted he got one aspect... Read More »
1h ago from RacingNews365.com
Helmut Marko shares the truth about Max Verstappen's Red...
Former Red Bull F1 chief Helmut Marko has set the... Read More »
1h ago from GPFans.com
