News Details
Perez petition leaves Force India in administration - report
The Force India Formula 1 team has been placed into administration, but will continue to race in 2018 as "urgent" work is started in an attempt to rescue the team. Force India were placed into administration by a London court on Friday, the move reportedly activated by a petition from a company linked to their driver Sergio Perez. Force India's financial situation has been known to be precarious for some time and this move once again highlights the financial disparity across Formula 1. Although Force India have finished fourth in the constructors' championship in the past two years, they have still struggled financially as their legacy payments from F1 are dwarfed by those paid to...
Full Story »
Full Story »
6y ago from GPFans.com
0
You May Also Be Interested In...
Force India F1 team put into administration
Vijay Mallya’s Force India Formula One team has been put into...
6y ago from GrandPrix247.com
Force India F1 enters administration
Force India has been placed into administration following a High Court...
6y ago from Crash.net
Force India go into administration
Force India will continue to race at this weekend's Hungarian GP despite...
6y ago from SkySports.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
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
2d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
1w ago from Motorsport.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
4d ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
The winners and losers from IndyCar’s Grand Prix of...
No description available...
6h ago from Motorsport.com
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
17h ago from MotorsportWeek.c...
A bittersweet weekend for IndyCar’s Arrow McLaren at...
No description available...
10h ago from Motorsport.com
Untouchable Alex Palou eases to IndyCar victory at...
The IndyCar paddock travelled over 2700 miles from the event last...
17h ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
3d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“It’s scary to play against him” - Arsenal...
Arsenal defender William Saliba has proclaimed new signing Viktor Gyokeres...
1h ago from SportsKeeda.com
'Only thing I need is some assists” - Viktor...
Arsenal's new signing, Viktor Gyokeres, thrilled many Gunners' fans on...
1h ago from SportsKeeda.com
“He has a preferred movement” - Ex-Premier League...
Braga manager Carlos Carvalhal opened up on his tactical set-up to try and...
6h ago from SportsKeeda.com
How to stop Viktor Gyökeres? ‘We’d have to foul...
onents from the striker’s time in Portugal on how they attempted to...
8h ago from TheGuardian.com
Comments
Hottest News
F1 team set for driver change at Hungarian Grand Prix
An F1 team will make a driver change at the... Read More »
4h ago from GPFans.com
Christian Horner breaks silence for first time after being...
Former Red Bull team boss Christian Horner posted... Read More »
8h ago from GrandPrix247.com
Vasseur: Hamilton pitlane start and strategy at Spa ‘the...
Ferrari team principal Frédéric Vasseur... Read More »
37m ago from F1i.com
