News Details
Rival teams 'blocked Liberty cash aid' to Force India
Force India's chief operating officer Otmar Szafnauer has revealed that its request to Liberty Media for a loan against future prize money to see the team through a financial squeeze earlier this year was blocked by their rivals. "It's no secret we asked for a bit of money up front so that gets us through the winter," Szafnauer told Reuters while attending an event for the team’s digital partners Orange Bus. “This year that money wasn’t forthcoming because I think some of the teams said ‘You can’t do that’, and blocked it. "[It] put a bit of a financial strain on us over the winter," he admitted. “If you have 10 million extra in November or December, then...
Full Story »
Full Story »
You May Also Be Interested In...
Force India forced to take away few positives from...
Force India expected a better result from the Canadian Grand Prix for...
6y ago from GPBlog.com
Force India through cash flow crisis as buyers loom
Force India’s slow start to the Formula 1 season can partly be blamed...
6y ago from GrandPrix247.com
Liberty Media gives loan to Force India - report
Jun.14 Force India, the leading independent F1 team, is struggling for...
6y ago from OneStopStrategy.com
Force India Both Disappointed and Encouraged by...
To come away from the Canadian Grand Prix with just two points for a...
6y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Johann Zarco’s hot streak highlights LCR’s awkward...
No description available...
16h ago from Motorsport.com
Johann Zarco ‘thinking about how to stay' with...
Johann Zarco admits he is “thinking about how to stay” at LCR Honda...
17h ago from MotorsportWeek.c...
Fabio Quartararo aims to ‘get back to the top'...
Fabio Quartararo revealed that his number one priority is to "get...
1d ago from MotorsportWeek.c...
Honda won’t replace injured Luca Marini for MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1d ago from Motorsport.com
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
1d ago from MotorsportWeek.c...
Kyle Kirkwood isn't "in the hunt” with Alex...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC: Sebastien Ogier confirms entry to the Acropolis...
No description available...
4d ago from Motorsport.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
1w ago from TheGuardian.com
WRC signs new deal to race in Portugal until at least...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Exclusive: £55m bid made as Chelsea resume talks for...
Chelsea have made a £55m bid for Borussia Dortmund winger Jamie Gittens...
58m ago from CaughtOffside.com
Report: 58m Arsenal target opens contract talks; bad...
Athletic Club have opened initial discussions with Nico Williams over a...
1h ago from CaughtOffside.com
Aston Villa summer transfer window: Top targets,...
Sports Mole looks at Aston Villa's 2025 summer transfer window, including...
11h ago from SportsMole.co.uk
Agreement reached: Arsenal player flying out on...
Arsenal midfielder Jorginho is all set to complete his move away from the...
10h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Hamilton 'love affair in full crisis' as...
Lewis Hamilton’s ‘love affair’ with Ferrari... Read More »
1h ago from GPFans.com
Christian Horner gives shock Mercedes F1 team boss verdict
Red Bull team principal Christian Horner has made... Read More »
38m ago from GPFans.com
Red Bull got it wrong but Max Verstappen is indefensible
In the Spanish Grand Prix edition of The Scoop,... Read More »
37m ago from RacingNews365.com
