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 »
7y 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...
7y ago from F1i.com
Rivals teams blocked Force India cash advances
It's well documented that in the old days, Bernie Ecclestone regularly...
7y ago from Pitpass.com
Liberty Media gives loan to Force India - report
Jun.14 Force India, the leading independent F1 team, is struggling for...
7y 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...
7y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Home hero Jack Miller tops opening Australian MotoGP...
Home hero Jack Miller topped the opening practice session at the...
4h ago from MotorsportWeek.c...
Marc Marquez in “no hurry” to make MotoGP return,...
No description available...
16h ago from Motorsport.com
Pedro Acosta casts doubt on factory Ducati struggles...
No description available...
16h ago from Motorsport.com
Marco Bezzecchi “in too much of a rush” in Marc...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay wants “to make it hard on everybody”...
No description available...
1d ago from Motorsport.com
Rinus VeeKay signs with Juncos Hollinger Racing for...
Juncos Hollinger Racing has announced that it has signed Rinus VeeKay for...
2d ago from MotorsportWeek.c...
Mick Schumacher is “very open” to exploring an...
No description available...
2d ago from Motorsport.com
WATCH: Alex Palou talks F1 dream, perfecting his craft...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Elfyn Evans hit with WRC Central Europe penalty for...
No description available...
9h ago from Motorsport.com
WRC Central Europe: Sebastien Ogier edges into early...
No description available...
11h ago from Motorsport.com
Sebastien Ogier reacts to Kalle Rovanpera's “huge”...
No description available...
13h ago from Motorsport.com
Oliver Solberg “dreams” of full-time WRC seat as...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Report: Man United & Spurs very interested in...
Bournemouth attacker Antoine Semenyo has been linked with a move away from...
13h ago from CaughtOffside.com
Paul Merson predicts Liverpool vs Manchester United...
That international break seemed to go on forever! We're all glad it's done...
14h ago from SportsKeeda.com
'He's a footballer who has to pull the team together'...
Former Barcelona star Inigo Martinez has shared his thoughts about the...
13h ago from SportsKeeda.com
Fulham vs Arsenal Prediction and Betting Tips | 18th...
The Premier League is back in action with another set of matches this...
15h ago from SportsKeeda.com
Comments
Hottest News
George Russell salary revealed as Cadillac disclose major...
Catch up on the biggest news stories of the day... Read More »
4h ago from RacingNews365.com
Oscar Piastri issues McLaren defence after Singapore GP...
Oscar Piastri walked away from the Singapore... Read More »
35m ago from RacingNews365.com
Huge George Russell salary disclosed after multi-million...
George Russell has signed a contract extension... Read More »
16h ago from RacingNews365.com
