News Details
Currency issues hit Force India's financial results
Force India enjoyed an increase in revenue for the 2016 a calendar year but an increase in its losses , mainly due to "currency fluctuations". The Silverstone-based outfit's recently filed accounts for 2016 showed the team generated revenue of £77.1m, up from £64.2m in 2015. Force India's losses however increased from £6.8m to £11.6m, and justified the change by "an increase of £5.7m charged to the accounts due as a result of currency fluctuations to both EUR and USD related suppliers/creditors during the year and balances outstanding at the end of the year." Force India's Fernley deplores lack of action by Liberty The filed 2016 accounts also revealed that a...
Full Story »
Full Story »
You May Also Be Interested In...
Force India losses increased in 2016 despite bigger...
The Force India F1 team earned increased income in 2016 but made a bigger...
8y ago from Motorsport.com
Perez signs new one-year Force India deal
Sergio Perez has ended speculation surrounding his future by putting pen...
8y ago from PlanetF1.com
Force India officially confirmed: Perez and Ocon for...
class="left relative"> 0
SHARES FacebookTwitterSubscribe...
8y ago from ThisIsF1.com
Perez signs Force India extension
Sergio Perez has signed a new one-year contract with Force India to remain...
8y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Manufacturers stand up to Liberty in Jerez as MotoGP...
No description available...
10h ago from Motorsport.com
Aprilia runs 2027 MotoGP bike on track for first time...
No description available...
11h ago from Motorsport.com
Aprilia opens new development path in MotoGP with...
No description available...
13h ago from Motorsport.com
Yamaha’s Jerez MotoGP updates improve rider feeling...
No description available...
14h ago from Motorsport.com
Popular On IndyCarToday.com
Rookie Caio Collet fastest in two-day Indy 500 open...
The NTT IndyCar Series held its traditional two-day open test for the...
5h ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
5h ago from Motorsport.com
PrizePicks partners with Arrow McLaren for Ryan...
No description available...
6h ago from Motorsport.com
Popular On TotalWRC.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
10h ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
11h ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
16h ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Premier League to reject Manchester City plea as they...
The Premier League have rejected Manchester City's proposal to switch...
3h ago from SportsKeeda.com
Arteta left ‘incredibly fuming’ after VAR denies...
t;li>“I’m sorry, but this cannot happen’Semi-final tie level at...
4h ago from TheGuardian.com
Diego Simeone can breathe again against Arsenal as...
rid’s manic man in black is the personification of the club’s longing...
4h ago from TheGuardian.com
'Low IQ footballer', 'Needs to be released tonight' -...
Arsenal fans are furious with Ben White after the 1-1 draw at Atletico...
4h ago from SportsKeeda.com
Comments
Hottest News
FIA chief claims F1 engine changes were blocked, and fans...
An FIA chief has revealed why more drastic tweaks... Read More »
6h ago from GPFans.com
Oscar Piastri brutally honest over McLaren Norris...
McLaren F1 star Oscar Piastri has opened up on... Read More »
7h ago from GPFans.com
The potential cancellation threat looming over F1 Miami GP
The 2026 Formula 1 Miami Grand Prix is at risk... Read More »
13h ago from MotorsportWeek.com
