News Details
Force India sold to Stroll-led consortium
Sergio Perez The Force India Formula 1 team has been sold to a consortium led by billionaire Lawrence Stroll in a move that has seen all 400 staff keep their jobs. The sale will also ensure all creditors of the team are paid in full, with administrators adding that further capital will be available in coming weeks. Force India was placed into administration on the Friday of the Hungarian Grand Prix after Sergio Perez, engine supplier Mercedes, and sponsor BWT triggered the process in a London court. Perez at the time claimed it was an attempt to save the team, which had otherwise faced a winding up petition that would have spelled the immediate closure of the company. The appointed...
Full Story »
Full Story »
7y ago from SpeedCafe.com
0
You May Also Be Interested In...
Stroll-backed consortium saves Force India
As expected Force India has been saved by a consortium headed by Lance...
7y ago from GrandPrix247.com
Force India saved by consortium led by Stroll
Force India has been bought by a consortium led by Canadian businessman...
7y ago from F1i.com
Stroll led consortium buys Force India
The administrators for Force India have accepted a bid for the team from...
7y ago from Pitpass.com
Force India saved by Stroll-backed consortium
The Sahara Force India F1 Team have been saved from administration...
7y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
15h ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
19h ago from Motorsport.com
VR46 looking for mix of experience and youth in 2027...
No description available...
1d ago from Motorsport.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
11h ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
11h ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
16h ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
16h ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
1d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
3d ago from Motorsport.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Report: New club joins race for soon-to-be free agent...
The race to sign Leon Goretzka is heating up ahead of the summer transfer...
1h ago from CaughtOffside.com
From Italy: Arsenal & Man United handed...
Arsenal and Manchester United may have been given some very promising...
45m ago from CaughtOffside.com
Arsenal 2-0 Bayer Leverkusen: Eze's thunderbolt helps...
Match report – Player ratings – Arteta reaction – Video...
45m ago from Arseblog.com
Eze keeps Arsenal’s shot at history alive with magic...
eta’s side are 16 games from the quadruple, helped by the forward’s...
35m ago from TheGuardian.com
Comments
Hottest News
De la Rosa calls for unity amid Aston-Honda crisis
Mar.18 Adrian Newey's absence in Shanghai last... Read More »
1h ago from OneStopStrategy.com
Montezemolo regrets Montezemolo ‘in a Mercedes'
Mar.18 Luca di Montezemolo admits he would have... Read More »
1h ago from OneStopStrategy.com
Lewis Hamilton and George Russell join forces over...
There has never been a Chinese manufacturer on... Read More »
25m ago from RacingNews365.com
