News Details
Rival bidder queries Stroll-led Force India takeover
The recent takeover of the Force India Formula 1 team “may not be in the best interests of Force India creditors and stakeholders, and the sport”, according to a rival bidder. Force India entered administration during the Hungarian Grand Prix amid the ongoing personal financial issues endured by long-time co-owner Vijay Mallya. The administrative process was triggered by Sergio Perez and his associates – who was persuaded to kick-start the development – and the Mexican was backed by a series of other creditors. It was confirmed earlier this month that a consortium of investors, led by Lance Stroll’s father Lawrence, had acquired the outfit, with its exit from...
Full Story »
Full Story »
7y ago from MotorsportWeek.com
0
You May Also Be Interested In...
MIDSEASON REVIEW: 2018 FIA Formula 1 World...
Sahara Force India Formula One Team entered the 2018 FIA Formula 1 World...
7y ago from TheCheckeredFlag....
Perez deal 'a matter of days... or weeks'
With a nice touch of humour, Force India returned to social media this...
7y ago from Pitpass.com
Perez close to signing contract extension with Force...
Sergio Perez is set to extend his stay at Force India. Now the team's...
7y ago from GPBlog.com
Force India’s situation after the takeover
Force India is looking for a brighter and more secure future after the...
7y ago from F1Technical.net
Elsewhere On The Network
Popular On MGPToday.com
Nicolo Bulega is not Ducati's "first choice"...
No description available...
8h ago from Motorsport.com
How Ai Ogura is starting to fulfil his MotoGP potential
No description available...
11h ago from Motorsport.com
Ducati carries out 850cc MotoGP bike shakedown at...
No description available...
1d ago from Motorsport.com
Pedro Acosta fears intense MotoGP format means shorter...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Roger Penske adds voice to discussion on US sports...
Roger Penske, owner of the NTT IndyCar Series and the Indianapolis Motor...
1h ago from MotorsportWeek.c...
Tweaked single-car Fast Six qualifying set for...
No description available...
1d ago from Motorsport.com
OpenAI expands partnership with Chip Ganassi Racing to...
No description available...
1d ago from Motorsport.com
IndyCar expands qualifying change for remaining street...
The NTT IndyCar Series has announced that it will be continuing with an...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why WRC Croatia victory was “quite special” for...
No description available...
1d ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
2d ago from MotorsportWeek.c...
WRC Croatia: Driver crashes… then sits down for...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal ready to sign 22-year-old La Liga ace as club...
Arsenal are looking to sign Gonzalo Garcia from Real Madrid at the end of...
4h ago from CaughtOffside.com
'They already lost the league' - Former Chelsea star...
Former Chelsea midfielder Eidur Gudjohnsen believes Arsenal have already...
7h ago from SportsKeeda.com
'I'm dreaming so much' - Mikel Arteta makes claim...
Arsenal boss Mikel Arteta has opened up about his feelings ahead of their...
7h ago from SportsKeeda.com
Arsenal suffer injury crisis ahead of Champions League...
Arsenal boss Mikel Arteta has been handed a blow ahead of the Champions...
8h ago from SportsKeeda.com
Comments
Hottest News
Kimi Antonelli told to 'focus on driving' as Mercedes F1...
Former F1 star Robert Kubica has landed upon a... Read More »
1h ago from GPFans.com
Oscar Piastri is already thinking about F1 retirement
McLaren F1 star Oscar Piastri has revealed he's... Read More »
1h ago from GPFans.com
First trailer for ‘The Kaiser’ brings Schumacher’s F1...
The legend of Michael Schumacher is heading back... Read More »
1h ago from F1i.com
