News Details
Reports: Force India enter administration
Hungarian Grand Prix – A sponsor of Force India has confirmed that the team have entered administration. According to the team sponsor Rich Energy, an energy drinks company, the team were put into administration on Saturday, despite a 30 million GBP cash injection at the last minute. According to Rich Energy, the injection has not been enough to stave off administration which they attribute to Mercedes, their engine supplier, as well as driver Sergio Perez, Julian Jakobi & BWT. Otmar Szafnauer, speaking at the team press conference on Friday, addressed recent rumours of financial crisis at the team, in light of comments made by Sergio Perez on Thursday: 'Unfortunately, I don’t know...
Full Story »
Full Story »
7y ago from FormulaSpy.com
0
You May Also Be Interested In...
Administration imminent for Force India
Following reports in the German media that Force India was on the verge...
7y ago from Pitpass.com
Szafnauer: Force India future clear and secure in week...
Vijay Mallya’s Force India Formula One team may have to go into some...
7y ago from GrandPrix247.com
Mallya: Force India still targeting P4
Hungarian Grand Prix – Force India team principal Vijay Mallya...
7y ago from FormulaSpy.com
Time running out for Force India
Photo by: www.kymillman.com/f1 Last year was a good year for Force India....
7y ago from TheParcFerme.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu: I may fail to get my first MotoGP...
No description available...
1h ago from Motorsport.com
Rival MotoGP teams offering "a lot of money"...
No description available...
6h ago from Motorsport.com
Marc Marquez admits ‘my body will force me to retire...
No description available...
1d ago from Motorsport.com
Ducati anticipates ‘2024 version’ of Francesco...
Ducati Team Manager Davide Tardozzi is “very confident” Francesco...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
2d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
3d ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
3d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Loeb after 13 Dakar punctures: Cars now...
No description available...
7h ago from Motorsport.com
Nani Roma: Dakar 2026 at 'F1 level' after close fight
No description available...
1d ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
1d ago from Motorsport.com
Luciano Benavides defeats Ricky Brabec by two seconds...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta provides worrying update on key Arsenal...
Arsenal manager Mikel Arteta has revealed that Bukayo Saka is dealing with...
1h ago from SportsKeeda.com
Arsenal latest: 'Ajax close to signing Zinchenko on...
No description available...
1h ago from SkySports.com
'I saw it live, I saw it here. I saw it now again' -...
Arsenal manager Mikel Arteta believes his side were denied a clear penalty...
6h ago from SportsKeeda.com
Nottingham Forest 0-0 Arsenal: Gunners misfire to...
Match report – Player ratings – Arteta reaction – Quotes...
10h ago from Arseblog.com
Comments
Hottest News
Gianpiero Lambiase claims Max Verstappen would have...
Max Verstappen's F1 race engineer Gianpiero... Read More »
2h ago from GPFans.com
F1 legend claims team with ZERO titles has real chance to...
Former F1 champion Damon Hill has warned fans... Read More »
27m ago from GPFans.com
Mercedes fighting to unlock Nürburgring 25H entry for...
Mercedes is going well beyond polite interest to... Read More »
1h ago from F1i.com
