News Details
How close were Force India to closing?
Otmar Szafnauer has revealed that Force India were days away from closing altogether and subsequently surrendering their place in Formula One before Lawrence Stroll, father of Lance Stroll, led a consortium to a takeover to save the team as well as the jobs of its employees. The day before the Hungarian Grand Prix, Force India's financial woes caught up with them and they went into administration. They were on the precipice of collapsing until Stroll came in. “It was pretty close,” Szafnauer said of the potential closure. “I think there were some of the creditors and legal actions to go down the insolvency route instead of the administration route. “The significant...
Full Story »
Full Story »
7y ago from GPFans.com
0
You May Also Be Interested In...
Stroll set for Force India switch at Monza in HUGE...
Lance Stroll could be on for a switch to Racing Point Force India by the...
7y ago from GPBlog.com
Stroll takeover 'not in the best interests' of Force...
Lawrence Stroll's takeover of the Force India Formula 1 team has been...
7y ago from GPFans.com
Silly Season: Stroll to Force India, Kubica to...
This is arguably the craziest Silly Season in Formula 1 history, mounting...
7y ago from GrandPrix247.com
Stroll 'on standby' for Force India switch at Monza
Lance Stroll is "on standby" for a potential switch from...
7y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez on fairytale Honda return: “It’s more...
No description available...
9h ago from Motorsport.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
1d ago from MotorsportWeek.c...
MotoGP 2026: Team launches and pre-season testing...
No description available...
1d ago from Motorsport.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: A wishlist for the 2026 IndyCar season
No description available...
7h ago from Motorsport.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
2d ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
3d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
These are leading contenders for the 2026 Dakar Rally
No description available...
14h ago from Motorsport.com
Juan Cruz Yacopini to miss 2026 Dakar Rally after sea...
No description available...
15h ago from Motorsport.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta explains the real reason he's dropped...
Arsenal manager Mikel Arteta has now opened up on the situation of...
3h ago from CaughtOffside.com
Bournemouth vs Arsenal Prediction and Betting Tips |...
The Premier League returns to the fold with another set of matches this...
7h ago from SportsKeeda.com
Transfer boost for Arsenal and Liverpool, target makes...
Real Madrid attacker Rodrygo Goes has been linked with a move away from...
9h ago from CaughtOffside.com
Arteta calls for Gyokeres to embrace the noise amid...
Mikel Arteta has called for Viktor Gyokeres and his Arsenal team-mates to...
9h ago from SkySports.com
Comments
Hottest News
Symonds slams F1’s 2026 power unit: ‘We ended up with a...
Formula 1’s upcoming 2026 power units have... Read More »
14h ago from F1i.com
F1 New Year: Lewis Hamilton parties with Kim Kardashian and...
Seven-time F1 world champion Lewis Hamilton... Read More »
4h ago from GPFans.com
Lewis Hamilton and Riccardo Adami told to 'go on vacation'...
Ferrari F1 star Lewis Hamilton has been urged to... Read More »
5h ago from GPFans.com
