News Details
Administration imminent for Force India
Following reports in the German media that Force India was on the verge of going into administration ahead of a possible takeover, the team's chief operating office, Otmar Szafnauer admitted that such a move was a 'possibility'. 'There is a high correlation between critical financial situation and the sporting situation,' said Szafnauer at today's press conference. 'The more money you have in this game, usually the better you do. 'Hopefully that will be solved soon,' he added, 'and we'll get back to operating in the normal manner that we are used to. 'We are just in this critical period, which might last a week or two, we have to keep our heads down, do the best we can here, go enjoy,...
Full Story »
Full Story »
6y ago from Pitpass.com
0
You May Also Be Interested In...
Investment 'imminent' says Otmar Szafnauer as Force...
Force India's chief operating officer Otmar Szafnauer says much...
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
Force India's Otmar Szafnauer: “A Bit Of Rain Always...
Otmar Szafnauer felt it was a “very good afternoon’s work” at the...
6y ago from TheCheckeredFlag....
Finances hurting Force India in development war
Although Force India grabbed a double points-haul in Germany, Otmar...
6y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia reveals ‘scientific reason’...
Ducati’s Francesco Bagnaia has revealed a fuel tank issue has been the...
1h ago from MotorsportWeek.c...
MotoGP Thailand GP: Marquez claims dominant sprint...
No description available...
9h ago from Motorsport.com
Marquez not getting carried away after sprint...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Marcus Ericsson tops second IndyCar practice from St....
The second practice session for IndyCar’s season-opening round at St....
1h ago from MotorsportWeek.c...
Kirkwood fastest in first IndyCar session of the 2025...
The NTT IndyCar Series was back on track Friday afternoon for the first...
20h ago from MotorsportWeek.c...
Everything you need to know as the 2025 IndyCar season...
No description available...
1d ago from Motorsport.com
Scott McLaughlin signs long-term extension with Team...
Scott McLaughlin has announced that he and Team Penske will be competing...
23h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC drivers follow F1 in statement to FIA president
World Rally Championship drivers have penned a strongly-worded statement...
5d ago from MotorsportWeek.c...
WRC drivers call on FIA president for “urgent...
No description available...
5d ago from Motorsport.com
Elfyn Evans wins Rally Sweden by a whisker
Super Sunday on Rally Sweden was just that! After 300km of hard racing,...
1w ago from MotorsportWeek.c...
Elfyn Evans under pressure on Rally Sweden –...
Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal and Chelsea offered 375k-a-week Liverpool...
Bayern Munich midfielder Joshua Kimmich will be a free agent in the...
41m ago from CaughtOffside.com
Liverpool increasingly optimistic of landing...
Liverpool are looking to improve their attacking unit with the signing of...
2h ago from CaughtOffside.com
Arsenal 'target' Joshua Kimmich sent transfer warning...
Bayern Munich director of sport Max Eberl warns Joshua Kimmich that no...
2h ago from SportsMole.co.uk
Real Madrid plot to step up transfer pursuit of...
No description available...
4h ago from SportsKeeda.com
Comments
Hottest News
McLaren test issues EXPOSED ahead of F1 title bid
Formula 1 design legend Adrian Newey has revealed... Read More »
5h ago from GPFans.com
Charles Leclerc concedes there’s ‘work to do’ with...
Charles Leclerc has conceded that Ferrari has... Read More »
1h ago from MotorsportWeek.com
Red Bull points to McLaren and Ferrari trick: 'They're...
In the run-up to the new season, the Formula 1... Read More »
2h ago from GPBlog.com
