News Details
Stroll-led consortium saves Force India
The Force India team has been saved by a consortium led by billionaire Lawrence Stroll, the father of F1 driver Lance. Force India's future was thrown into doubt last month when the team was placed into administration due to debts owed. The team's financial troubles have been widely reported over the past few years with several parties linked to a buy-out, however, that never came to fruition. That, though, finally took place on Tuesday evening. The consortium, led by Stroll and supported by Force India's ‘senior management', agreed a deal with the joint administrators, appointed by FRP Advisory. The deal has saved the 405 jobs in the F1 team and will ensure that all the team's...
Full Story »
Full Story »
7y ago from PlanetF1.com
0
You May Also Be Interested In...
Lawrence Stroll-led consortium saves Force India
The Force India team has been saved by a consortium led by billionaire...
7y ago from PlanetF1.com
Stroll leads Force India rescue deal
Aug.8 Force India has been rescued by a consortium led by Lawrence...
7y ago from OneStopStrategy.com
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 Stroll consortium
Force India have agreed a deal with the billionaire father of Williams...
7y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 looking for mix of experience and youth in 2027...
No description available...
12h ago from Motorsport.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
20h ago from Motorsport.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
1d ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood’s surprise lunge on Alex Palou...
Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...
17h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Grand Prix of...
No description available...
1d ago from Motorsport.com
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
1d ago from MotorsportWeek.c...
Kirkwood "currently the biggest threat" to...
No description available...
1d 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:...
13h ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
14h ago from Motorsport.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
1d ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Henry defends Arteta style: I don't have to like it,...
Arsenal legend Thierry Henry stepped in to defend the Gunners' style under...
5h ago from SkySports.com
Arsenal dealt injury setback before Leverkusen as...
Mikel Arteta has confirmed that Martin Odegaard and Jurrien Timber will...
7h ago from CaughtOffside.com
Max Dowman has inspired Arsenal in hunt for...
t;li>‘To be that precise, that’s something difficult to...
7h ago from TheGuardian.com
Arsenal could be handed unexpected financial boost as...
Arsenal could be set for a significant financial windfall as Serie A...
9h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin ‘are now looking for a new team principal’...
Aston Martin are now looking for a new team... Read More »
9h ago from GPFans.com
Aston Martin and Adrian Newey given massive F1 lifeline...
Aston Martin's car sucks. Read More »
17h ago from GPFans.com
Oscar Piastri hands McLaren damning verdict after Shanghai...
McLaren already find itself 80 points adrift of... Read More »
8m ago from RacingNews365.com
