News Details

Perez: Force India F1 financial situation 'critical'

Sergio Perez says Force India is currently in a "critical" financial situation amid speculation of a possible takeover or arrival of new investors, leaving him eager to get a clearer picture of its future prospects before deciding on his own Formula 1 plans for 2019. Force India has been forced to hold back updates through 2018 due to financial limitations and is understood to have an outstanding debt to engine supplier Mercedes, leading to concerns about its future. While Force India owner Vijay Mallya said earlier this month the team's situation is no different than at this time in previous years, there is speculation it could enter administration in the near future, while...
Full Story »
6y ago from Crash.net 0
Share

You May Also Be Interested In...

Mallya: Force India still targeting P4

Hungarian Grand Prix – Force India team principal Vijay Mallya...
6y ago from FormulaSpy.com

'Crazy afternoon' delivers bag of points to Force India

From start to finish, there was no respite on Sunday for Force India's...
6y ago from F1i.com

Joe Blogs F1: Financial instruments and Force India

So a German publication is reporting that Lawrence Stroll has bought...
6y ago from MotorsportWeek.com

Perez pleased after "crazy afternoon"

Sergio Perez is pleased with his own personal efforts in yesterday's...
6y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP manufacturer KTM set to be saved by major...

MotoGP manufacturer KTM is set to receive financial backing from Bajaj...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Team Penske IndyCar leadership fired over Indy 500...

Team Penske announced on Wednesday morning that it has released three...
20h ago from MotorsportWeek.c...

Theo Pourchaire partners with Simon Pagenaud to...

Theo Pourchaire has begun working with Simon Pagenaud to help the young...
21h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Tottenham 1-0 Man United: Every previous all-English...

Ahead of Wednesday's Europa League final between Manchester United and...
3h ago from SportsMole.co.uk

Talks taking place: Arsenal told they can complete...

Arsenal have reportedly learned that they can sign Real Madrid forward...
2h ago from CaughtOffside.com

Mikel Arteta responds when asked whether Arsenal or...

Arsenal manager Mikel Arteta recently responded to a question about who...
1h ago from SportsKeeda.com

Mikel Arteta responds when asked if Arsenal or...

Tottenham Hotspur clinched the UEFA Europa League by beating Manchester...
2h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.