News Details
Investment 'imminent' says Otmar Szafnauer as Force India nears sale
Force India's chief operating officer Otmar Szafnauer says much needed investment in the team is 'imminent' as it took a step closer to being sold this week. The Silverstone-based team is owned by Indian businessman Vijay Mallya, who is fighting extradition to face the Indian state over the collapse of his Kingfisher airline, which owes the government hundreds of millions dollars. It's likely Mallya will be extradited despite repeated appeals and with the vast majority of his assets already seized, it's beginning to impact the day-to-day running of the Formula 1 team. Documents reveal that on Wednesday, Force India Formula 1 Team Ltd, faced a winding up...
Full Story »
Full Story »
6y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Toto Wolff: Mercedes won't stand in Esteban Ocon's way
Mercedes chief Toto Wolff says the team “wouldn’t stand in...
6y ago from MotorsportWeek.com
Force India 'open' to releasing Ocon
Force India's chief operating officer Otmar Szafnauer says the team would...
6y ago from F1i.com
Germany my 'worst Friday' amid struggles - Stoffel...
Stoffel Vandoorne described German Grand Prix practice as his...
6y ago from MotorsportWeek.com
Daniel Ricciardo sure of avoiding Hungary drop, braced...
Daniel Ricciardo says he is confident he will avoid an engine related...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP: KTM and Aprilia on for two days of private...
No description available...
2h ago from Motorsport.com
World Champion Jorge Martin set for MotoGP return at...
Reigning World Champion Jorge Martin is set to return to MotoGP action at...
1d ago from MotorsportWeek.c...
Toprak Razgatlioglu laughs off Honda MotoGP 2026...
Reigning WorldSBK champion Toprak Razgatlioglu laughed off rumours...
2d ago from MotorsportWeek.c...
How advice from Marquez is helping Martin recover from...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Renovated IMS museum reopens with all-new displays
The Indianapolis Motor Speedway Museum reopened on Wednesday following a...
3d ago from MotorsportWeek.c...
New livery revealed for Kyle Larson's Indy 500 / Coke...
Kyle Larson will be attempting to compete in IndyCar’s Indianapolis 500...
4d ago from MotorsportWeek.c...
Kyle Larson's McLaren-Hendrick paint schemes revealed...
No description available...
4d ago from Motorsport.com
The difficult transition from Indy NXT to IndyCar is...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
22h ago from TheGuardian.com
Evans wins brutal Safari Rally to boost WRC title bid
No description available...
2w ago from Motorsport.com
Elfyn Evans bags the big game on Safari
Elfyn Evans and Scott Martin claimed their maiden Safari Rally Kenya...
2w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal willing to offer £30m for playmaker who has...
Arsenal are interested in signing the Leicester City midfielder Bilal El...
1h ago from CaughtOffside.com
'You think he's a non-league player' - Pundit makes...
Arsenal could make a shock move for Bayern Munich winger Leroy Sane, with...
1h ago from SportsKeeda.com
Real Madrid to be without 6 key players as they...
Real Madrid will be without six first-team stars for their upcoming...
3h ago from SportsKeeda.com
Viktor Gyokeres to Arsenal: Why Mikel Arteta would...
Arsenal sporting director Andrea Berta would need to convince Mikel Arteta...
4h ago from SportsMole.co.uk
Comments
Hottest News
'This award is a joke!!' F1 fans stunned after shock Driver...
Formula 1 fans have been left shocked and... Read More »
7h ago from GPFans.com
F1 Japanese Grand Prix 2025 results: Final classification...
A more intriguing than interesting Japanese Grand... Read More »
4h ago from GPFans.com
Ferrari not chasing ‘a magic bullet' as gap to...
Ferrari boss Fred Vasseur stated the team... Read More »
3h ago from MotorsportWeek.com
