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
KTM will continue with MotoGP in 2027 “if we can...
No description available...
4h ago from Motorsport.com
Francesco Bagnaia must “stop the bleeding” of...
No description available...
9h ago from Motorsport.com
Luca Marini injured in Suzuka fall, Ai Ogura undergoes...
No description available...
8h ago from Motorsport.com
Marc Marquez admits he ‘needs to work on mistakes’...
Marc Marquez admits he and younger brother Alex Marquez "were the...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Andretti Global belatedly accepts Indy 500 post-race...
Two Andretti Global entries were among the cars that received post-race...
3h ago from MotorsportWeek.c...
Veteran engineer Michael Cannon returns to Dale Coyne...
Dale Coyne Racing has announced that it has re-hired expert engineer...
1d ago from MotorsportWeek.c...
Three drivers lose Indy 500 finishing positions after...
The NTT IndyCar Series has penalized three drivers following the...
3d ago from MotorsportWeek.c...
Andretti Global, Prema Racing issued suspensions and...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
5d ago from TheGuardian.com
Rally Portugal criticism causes WRC, FIA to address...
No description available...
1w ago from Motorsport.com
WRC signs new deal to race in Portugal until at least...
No description available...
1w ago from Motorsport.com
WRC Portugal: Sebastien Ogier claims record-extending...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Leroy Sane latest: Arsenal, Spurs suffer transfer...
Arsenal and Tottenham Hotspur are dealt a blow in their pursuit of Bayern...
57m ago from SportsMole.co.uk
Joan Garcia: Arsenal can repeat Liverpool transfer...
Arsenal may struggle to win the race for Espanyol goalkeeper Joan Garcia...
4h ago from SportsMole.co.uk
Arsenal and Man United suffer free transfer blow as...
Lille striker Jonathan David is supposedly close to an agreement on...
3h ago from SportsMole.co.uk
Manchester United rival Liverpool & Arsenal for...
Manchester United are reportedly ready to rival Liverpool, Arsenal and...
4h ago from CaughtOffside.com
Comments
Hottest News
2025 F1 Spanish Grand Prix - Free Practice 2 results
Check out the full, all-important results from... Read More »
2h ago from RacingNews365.com
LIVE: 2025 F1 Spanish Grand Prix - Free Practice 1
Follow live with all the action from Free... Read More »
7h ago from RacingNews365.com
Flavio Briatore creates box office gold on long-awaited FIA...
It has been 16 years since Flavio Briatore was... Read More »
1h ago from RacingNews365.com