News Details
Rivals blocked Liberty Media's loan to Force India
Force India's chief operating officer, Otmar Szafnauer has admitted that its request for a loan from Liberty Media was blocked earlier this year by their rivals. Force India were having some financial troubles earlier this year and needed any help they could get. "It's no secret we asked for a bit of money up front so that gets us through the winter," Szafnauer told Reuters. "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 financial strain on us over the winter. "If you have 10 million extra in November and December, then you can build the car parts. If you don't, you...
Full Story »
Full Story »
6y ago from GPBlog.com
0
You May Also Be Interested In...
Rival teams 'blocked Liberty cash aid' to Force India
Force India's chief operating officer Otmar Szafnauer has revealed that...
6y ago from F1i.com
Rivals teams blocked Force India cash advances
It's well documented that in the old days, Bernie Ecclestone regularly...
6y ago from Pitpass.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
Spa signs new three-year extension with Liberty
Spa will continue to host the Belgian Grand Prix through to the end of...
6y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia explains ‘weak point' that...
Factory Ducati rider Francesco Bagania explained his "weak...
12h ago from MotorsportWeek.c...
Jorge Martin faces at least two weeks in Qatar hospital
No description available...
1d ago from Motorsport.com
Fabio Di Giannantonio horrified hitting a fallen Jorge...
No description available...
1d ago from Motorsport.com
Fabio Di Giannantonio brands Alex Marquez...
Fabio Di Giannantonio criticised Alex Marquez for “a dangerous...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar sees 50% viewership drop on FOX after going...
No description available...
2d ago from Motorsport.com
From Europe to America: Dennis Hauger on why he...
No description available...
1d ago from Motorsport.com
Tire strategy fueled Christian Lundgaard’s rise to...
The chances of a podium finish in IndyCar’s Grand Prix of Long beach...
1d ago from MotorsportWeek.c...
Winners and losers from IndyCar’s 2025 Grand Prix of...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Details of WRC’s first rally in Paraguay emerge
No description available...
1w ago from Motorsport.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
1w ago from TheGuardian.com
Popular On GunnersToday.com
'Worst signing in Madrid history', 'Practically a...
Kylian Mbappe has drawn the ire of fans for his performance in the second...
2h ago from SportsKeeda.com
‘Massive step’: Arteta praises Arsenal’s...
t;li>‘The way Saka handled penalty miss was incredible’Arsenal set...
3h ago from TheGuardian.com
Real Madrid 1(1)-2(5) Arsenal: Los Blancos player...
Arsenal were unfazed by Real Madrid's late-stage UEFA Champions League...
2h ago from SportsKeeda.com
Real Madrid 1-2 Arsenal: Thibaut Courtois criticises...
Real Madrid's Thibaut Courtois criticised the tactics deployed and the...
3h ago from SportsMole.co.uk
Comments
Hottest News
Verstappen Red Bull exit 'done already' reports Sky F1...
Sky F1 presenter Simon Lazenby has revealed that... Read More »
6h ago from GPFans.com
F1 team 'FORCED' to give £14m gift to axed driver
Axed Alpine driver Esteban Ocon has revealed that... Read More »
5h ago from GPFans.com
F1 star settles argument as rivals accuse him of going BALD!
Carlos Sainz has had his follicle prowess... Read More »
4h ago from GPFans.com