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Joe Blogs F1: Financial instruments and Force India
So a German publication is reporting that Lawrence Stroll has bought Force India. I seriously doubt this has happened. Stroll is cleverer than that. Buying a team makes little sense. He is a fashion brand developer, and he seems to be very careful how he spends his money. Most of the others who have expressed an interest in buying Force India, think the price - rumoured to be $250 million - is too high. That could pay off if there is a budget cap and teams become profitable, but it’s a big risk and it makes more sense for everyone to sit back and wait until the team is driven to seek bankruptcy protection, at which point it will almost certainly be sold by an...
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6y ago from MotorsportWeek.com
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