News Details
BREAKING: Force India placed into administration!
Force India has been placed into administration over debts apparently owed to Sergio Perez. The Mexican brought forward the action over a £3 million total owed to him by the team. Following a court hearing in London during the Hungarian Grand Prix weekend, the team were officially placed into administration having admitted that they were struggling with debts and looking for a new owner to buy the team out. “An administrator was appointed by the court for Force India F1 this evening,” deputy principal Bob Fernley told Reuters. In a message sent to colleagues, Vijay Mallya said that the action was brought forward by driver Perez. The application was also supported by...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
Force India placed into administration over Perez debt
Force India was placed into administration on Friday, reportedly after...
7y ago from PlanetF1.com
Reports: Force India enter administration
Hungarian Grand Prix – A sponsor of Force India has confirmed that...
7y ago from FormulaSpy.com
Perez and creditors drive Force India into...
Force India deputy team principal Bob Fernley has confirmed that the F1...
7y ago from F1i.com
Administration imminent for Force India
Following reports in the German media that Force India was on the verge...
7y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Why Marc Marquez doesn't want to wrap the MotoGP title...
No description available...
15h ago from Motorsport.com
Pedro Acosta: Marc Marquez’s comeback as big as...
No description available...
16h ago from Motorsport.com
Francesco Bagnaia reveals Ducati breakthrough to fix...
No description available...
18h ago from Motorsport.com
Miguel Oliveira “surprised” by Yamaha MotoGP axe,...
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
2d ago from MotorsportWeek.c...
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
1d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
1d ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
4d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
3d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Interlull round-up + Besiktas make reported Trossard...
Morning. A quick Friday blog for you. There were some Arsenal players in...
2h ago from Arseblog.com
'He is a player who lights up the stadium' -...
Arsenal legend Nigel Winterburn has hailed the Gunners' new signing...
10h ago from SportsKeeda.com
New signing profile: Piero Hincapie
Following some late left-sided departures, Arsenal managed to squeeze in...
11h ago from Arseblog.com
'It’s remarkable' – Collymore reacts to Mikel...
Arsenal had started their season with two victories out of two, but last...
19h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton and Oscar Piastri in FIA summons at Italian...
Lewis Hamilton and Oscar Piastri have both been... Read More »
1h ago from GPFans.com
Lewis Hamilton reveals Ferrari 'deep-dive' after 'unusual'...
Ferrari has at least managed to ease Lewis... Read More »
2h ago from RacingNews365.com
F1 Practice Today: Italian Grand Prix 2025 start times,...
F1 heads to Monza and the home of the tifosi for... Read More »
2h ago from GPFans.com
