News Details

Force India not affected by financial troubles

The Force India F1 team isn't affected by its shareholders current financial troubles, deputy team principal Bob Fernley insists. News that co-owner Vijay Mallya's airline shares have plunged following their creditors decision to recall loans of up to £1 billion, and more recently the freezing of shareholder Subrata Roy's assets due to non-compliance with the Supreme Court's order that Sahara must repay £2 billion plus interest back to investors, has once again put the Formula One team under the spotlight. Fernley though is adamant that the team is a separate entity, free from the financial troubles its owners are currently experiencing. "There is a disconnect between what...
Full Story »
12y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Force India insulated from Vijay Mallya's financial...

London:  Force India insisted on Thursday that its Grand Prix team...
12y ago from NDTVSports.com

Force India insulated from Mallya - team

LONDON, Feb 14, 2013 (F1plus/AFP) - Force India insisted Thursday its...
12y ago from F1Plus.com

Force India consider Karthikeyan for race seat

10 February, 2013 Vijay Mallya with Narain Karthikeyan Indian F1 driver...
12y ago from YallaF1.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin's opening ‘four' MotoGP races with...

Aprilia targets Jorge Martin's opening four MotoGP races with the team...
11h ago from MotorsportWeek.c...

Creditors approve Pierer Industrie AG restructuring...

It has been revealed that creditors have approved Pierer Industrie AG's...
15h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Team Penske quickest in final IndyCar test day

The NTT IndyCar Series held its second and final preseason open test day...

IndyCar tire allocations, practice rules updated for...

IndyCar has announced multiple updates to rules regarding use of the...

Pato O’Ward fastest in first day of IndyCar...

The entire NTT IndyCar Series paddock set up shop in Sebring, Florida on...

Pit lane speed adjustments made for 2025 IndyCar season

The NTT IndyCar Series has announced a few changes for the upcoming 2025...

Popular On TotalWRC.com

Elfyn Evans wins Rally Sweden by a whisker

Super Sunday on Rally Sweden was just that! After 300km of hard racing,...

Elfyn Evans under pressure on Rally Sweden –...

Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...

Popular On GunnersToday.com

'Very intelligent' – Mikel Arteta opens up on...

Arsenal head coach Mikel Arteta refused to rule out using Mikel Merino...
2h ago from CaughtOffside.com

'That would not be the case' – Arteta calls on...

Arsenal boss Mikel Arteta has demanded that Raheem Sterling step up to...
2h ago from CaughtOffside.com

Arsenal handed Dusan Vlahovic boost as Juventus name...

Arsenal reportedly receive a boost in their pursuit to sign Dusan Vlahovic...
1h ago from SportsMole.co.uk

'I love that' – Mikel Arteta names the Arsenal...

Arsenal manager Mikel Arteta has singled out exciting wonderkid Ethan...
3h ago from CaughtOffside.com

Comments

Hottest News

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.