News Details
Force India to complete Hungarian GP despite going into administration
Force India will compete in the remainder of the Hungarian Grand Prix weekend after being placed into administration on Friday. In a note addressed to "friends", and seen by BBC Sport, team co-owner Vijay Mallya said court action was instigated by Force India driver Sergio Perez. Mallya said the team's operating company was the largest creditor, with debts owing of more than £159m. He said he would work to secure the team's future with the administrator. This could mean selling the team to new owners. There are said to be at least three potential buyers considering a purchase of the Silverstone-based outfit. 'Even Hamilton would not improve Williams' Chequered Flag podcast:...
Full Story »
Full Story »
You May Also Be Interested In...
Force India go into administration
Force India will continue to race at this weekend's Hungarian GP despite...
7y ago from SkySports.com
Sahara Force India F1 Team Forced Into Administration...
Sahara Force India Formula One Team were put into administration...
7y ago from TheCheckeredFlag....
Reports: Force India enter administration
Hungarian Grand Prix – A sponsor of Force India has confirmed that...
7y ago from FormulaSpy.com
Perez petition leaves Force India in administration -...
The Force India Formula 1 team has been placed into administration, but...
7y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez aims to ‘mentally defeat’ rivals, not...
No description available...
17h ago from Motorsport.com
Liberty Media can’t follow its F1 play to boost...
No description available...
1d ago from Motorsport.com
Johann Zarco spends MotoGP summer break winning Suzuka...
No description available...
1d ago from Motorsport.com
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou claims FOX’s investment will be...
No description available...
8h ago from Motorsport.com
How Palou can clinch his fourth IndyCar championship...
Alex Palou is the man of the moment in IndyCar, and currently holds a 121...
11h ago from MotorsportWeek.c...
FOX Corporation acquires one-third stake in IndyCar...
No description available...
5d ago from Motorsport.com
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
18h ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
1d ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
2d ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera takes historic home...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal have second bid rejected for forward,...
Arsenal are continuing their search for a new striker to add to the club...
9h ago from FreshArsenal.com
Arsenal handed double injury boost ahead of Premier...
Arsenal have been handed a double injury boost as they gear up for their...
12h ago from SportsKeeda.com
Liverpool interested in signing 20-year-old star...
Liverpool have been linked with a potential move for Arsenal target Jeremy...
14h ago from SportsKeeda.com
Report: Arsenal working to complete £20m deal with...
Arsenal have already made six summer signings and they could be set to...
14h ago from FreshArsenal.com
Comments
Hottest News
Charles Leclerc disqualification verdict issued by FIA...
The FIA have revealed that Charles Leclerc's... Read More »
10h ago from GPFans.com
Axed F1 boss 'set to BUY' grand prix team
A former F1 team boss is getting ready to buy a... Read More »
17h ago from GPFans.com
Mercedes 'can’t get carried away' with Hungarian GP...
Although Mercedes displayed a much improved... Read More »
2h ago from F1Technical.net
