News Details
Perez: Force India situation is critical
Sergio Perez described his Force India team’s financial situation as ‘critical’ and recognised that his own future remained uncertain, on Thursday ahead of the Hungarian Grand Prix The Silverstone-based team are fifth overall in the constructors’ standings but have been struggling with funding issues. Co-owner and team principal Vijay Mallya is fighting an attempt by India to extradite him from Britain to face charges of fraud as a group of Indian banks seek to recover more than $1 billion of loans granted to his defunct Kingfisher Airlines. Force India’s chief operating officer Otmar Szafnauer told Reuters in June that the team had suffered a cash squeeze through the European...
Full Story »
Full Story »
6y ago from GrandPrix247.com
0
You May Also Be Interested In...
Perez: Force India F1 financial situation 'critical'
Sergio Perez says Force India is currently in a "critical"...
6y ago from Crash.net
Perez still a believer in Force India despite...
Sergio Perez says Force India's difficult financial situation is holding...
6y ago from F1i.com
Perez describes financial situation at Force India as...
Force India driver Sergio Perez has confirmed the teams' financial...
6y ago from GPBlog.com
Perez: Force India's 'critical' finances a factor in...
Sergio Perez believes that Force India are in a 'critical' financial...
6y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Marquez recorded first Ducati MotoGP crash after 780km...
No description available...
11h ago from Motorsport.com
Fernandez set for return in Thailand MotoGP test after...
No description available...
10h ago from Motorsport.com
Bagnaia 50-50 on new Ducati MotoGP engine amid...
No description available...
13h ago from Motorsport.com
Morbidelli leads Quartararo on Day 2 of Sepang MotoGP...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Power sets goal of five move competitive years in...
Will Power is one of the NTT IndyCar Series’ longest tenured drivers,...
5h ago from MotorsportWeek.c...
Conor Daly thinks IndyCar should race in Mexico and...
No description available...
1d ago from Motorsport.com
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
3d ago from MotorsportWeek.c...
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
1w ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
1w ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal planning to spend big in the summer transfer...
No description available...
6h ago from SportsKeeda.com
Real Madrid hold talks with 60m rated star wanted by...
No description available...
9h ago from SportsKeeda.com
Arsenal and Liverpool keeping tabs on 23-year-old star...
No description available...
10h ago from SportsKeeda.com
Mikel Arteta must refocus Arsenal’s mammoth task...
ager must put semi-final loss to Newcastle behind them with depleted squad...
9h ago from TheGuardian.com
Comments
Hottest News
Aston Martin unveil STUNNING 2025 car design after Newey...
Aston Martin have unveiled a new challenger for... Read More »
17h ago from GPFans.com
Hamilton deal in TRILLION dollar boost as world champ...
A partnership with seven-time Formula 1 champion... Read More »
3h ago from GPFans.com
Hamilton honors Mercedes staff with special 3,000-piece gift
Lewis Hamilton's 12-year reign with the... Read More »
8h ago from F1i.com
