News Details
Szafnauer feared Force India wouldn't make it
Force India chief operating officer Otmar Szafnauer admits there was moments he feared Force India would ceased to exit like former teams Caterham and Manor. There was great news for Force India this week as the team was saved from administration by a consortium led by Lawrence Stroll. The Canadian billionaire, father of Williams driver Lance Stroll, agreed a deal with the joint administrators that will all 405 jobs saved as well as all existing creditors paid in full. While the finer details still need to be worked out, 'funding to support the team will be made available' immediately with 'significantly more' available when the team exits administration. Szafnauer breathed a sigh of...
Full Story »
Full Story »
7y ago from PlanetF1.com
0
You May Also Be Interested In...
Szafnauer Admits Relief at Seeing Force India Exit...
The chief operating officer of the Sahara Force India F1 Team, Otmar...
7y ago from TheCheckeredFlag....
Force India Updates Depends on Investment from New...
Otmar Szafnauer says his Sahara Force India F1 Team will need investment...
7y ago from TheCheckeredFlag....
Lawrence Stroll-led consortium of investors rescues...
The Force India Formula 1 team is to exit administration in the coming...
7y ago from MotorsportWeek.com
Williams and Mercedes in discussion over closer ties
Williams and Mercedes are discussing the opportunity to work more closely...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: 'Aprilia feels like my bike now'
No description available...
11h ago from Motorsport.com
Joan Mir: I deserve to stay in Honda’s factory...
No description available...
13h ago from Motorsport.com
Enea Bastianini frustrated by MotoGP safety inaction;...
No description available...
14h ago from Motorsport.com
Marc Marquez opens up on Austin MotoGP injury struggles
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
2d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
2d ago from Motorsport.com
IndyCar names officiating director ahead of Indy 500
IndyCar Officiating has announced Scot Elkins as the new Managing...
2d ago from MotorsportWeek.c...
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera offering tips as Takamoto Katsuta...
No description available...
7h ago from Motorsport.com
WRC Canary Islands: Katsuta takes early lead after...
No description available...
9h ago from Motorsport.com
Everything we know about the WRC’s newest constructor
No description available...
11h ago from Motorsport.com
New constructor set to join WRC top tier in 2027
No description available...
13h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal make contact with Real Madrid star's...
Arsenal are reportedly plotting a stunning move to sign Arda Guler from...
5h ago from SportsKeeda.com
Real Madrid plot ambitious move for 110m-rated...
Gabriel Magalhaes has been one of the best defenders in the Premier League...
10h ago from CaughtOffside.com
'Might have to wait his turn' - Pundit asks Mikel...
Former Arsenal star Perry Groves has urged Mikel Arteta to keep Viktor...
9h ago from SportsKeeda.com
Arsenal & Chelsea handed chance to sign serial...
Bernardo Silva has been linked with a move away from Manchester City at...
11h ago from CaughtOffside.com
Comments
Hottest News
McLaren team confirm car will run iconic Michael Schumacher...
One of Michael Schumacher's eye-catching F1... Read More »
7h ago from GPFans.com
Formula One announces key tweaks to the Miami GP schedule
The Miami Grand Prix weekend will open with a... Read More »
12m ago from F1Technical.net
F1 boss confirms Red Bull sale talks
According to an F1 boss there were discussions in... Read More »
8h ago from GPFans.com
