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
Marc Marquez bemoans ‘boring' MotoGP Japanese GP...
Marc Marquez admits that this weekend’s Motegi MotoGP race was “a...
5h ago from MotorsportWeek.c...
Pedro Acosta admits KTM not on Ducati's ‘level...
Pedro Acosta has admitted that KTM isn't on Ducati's 'level at the...
7h ago from MotorsportWeek.c...
What Honda must do next now it has its ideal MotoGP...
No description available...
10h ago from Motorsport.com
Ducati MotoGP star to pilot Group B WRC rally car
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar announces new street race around Dallas...
The NTT IndyCar Series announced today that Arlington, Texas will be the...
3h ago from MotorsportWeek.c...
Aston Martin F1 reserve driver Felipe Drugovich...
No description available...
6h ago from Motorsport.com
IndyCar will go racing at the home of the Dallas...
No description available...
4h ago from Motorsport.com
Rinus VeeKay now free agent for 2025 after confirming...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Ducati MotoGP star to pilot Group B WRC rally car
No description available...
9h ago from Motorsport.com
Rovanpera "recharged" and ready for 2025 WRC...
No description available...
1d ago from Motorsport.com
WRC rising star has “zero idea” over future after...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
“You can’t be throwing that about” - Ally...
No description available...
2h ago from SportsKeeda.com
“One of the best players in the world” - Gabriel...
No description available...
4h ago from SportsKeeda.com
Conor McGregor's surprise pitch appearance at Emirates...
No description available...
1h ago from SportsKeeda.com
Where are they now: Mikel Arteta's first Arsenal XI
Mikel Arteta first Arsenal XI, all you should know about the current...
3h ago from SoccerSouls.com
Comments
Hottest News
Ricciardo spotted with NEW 'team' after F1 axe
Daniel Ricciardo has been spotted with a ‘new... Read More »
2h ago from GPFans.com
F1: 'This isn't a goodbye,' insists Andretti
In an open letter to race fans, Michael Andretti... Read More »
55m ago from Pitpass.com
Red Bull boss blames girlfriend for F1 stars' downfall
A Red Bull boss has blamed a ‘girlfriend’ for... Read More »
6h ago from GPFans.com
