News Details

Szafnauer: 2018 was ‘the most stressful year'

Otmar Szafnauer has revealed just how much the Force India team were affected by the growing financial crisis in the early part of last year. The situation escalated, and it ultimately led to the company going into administration, before it was rescued by a consortium led by Lawrence Stroll. At the start of this campaign, the Force India team were having to use parts from the 2017 car, as it lacked funds to complete the development of the VJM-11. 'We didn't start this season with the car we wanted to because we didn't have the funding to produce the parts,' Szafnauer admitted. The American, who is now team principal of the rebranded Racing Point F1 squad, admitted just how bad things got...
Full Story »
7y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Szafnauer: 'Stressful' 2018 season compromised from...

Racing Point Force India team principal Otmar Szafnauer has revealed just...
7y ago from F1i.com

Szafnauer speaks out on tough start to 2018

Racing Point Force India principal Otmar Szafnauer has revealed that a...
7y ago from GPBlog.com

Brawn: Verstappen has ‘growing to do’ before F1...

Formula 1 sporting boss Ross Brawn believes Max Verstappen needs to...
7y ago from Crash.net

Crash.net's Motorsport Moments of 2018 - Part 1

With the holiday season now in full swing and racing on hold for a few...
7y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.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...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Mikel Arteta gives intriguing response to question...

Arsenal manager Mikel Arteta has spoken out on the reported addition...
1h ago from CaughtOffside.com

White Unlikely To Depart But Will Arsenal Strengthen...

With us now a few weeks into the New Year, the January transfer window has...
3h ago from FreshArsenal.com

Chelsea rival Arsenal & Man Utd for 30m wonderkid...

Chelsea are ready to rival the likes of Arsenal and Manchester United for...
11h ago from CaughtOffside.com

Comments

Hottest News

F1: Cadillac hits the track

Cadillac was in action at Silverstone today, as... Read More »
3h ago from Pitpass.com

Cadillac unleashes its first F1 car during Silverstone...

Cadillac’s long road to Formula 1 just hit its... Read More »
3h ago from F1i.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.