News Details

Perez: I've done this to save the team

Sergio Perez insists it wasn't money but rather his desire to 'save' Force India that was behind his decision to force the team into administration. Earlier this week it was announced that Force India had gone in administration after failing to pay debts, including one of £3 million owed to Perez. Team boss Vijay Mallya told staff that Perez was behind the legal proceedings. 'Force India Formula One was placed into ‘administration’ today by the court based on a petition filed by none other than our driver Sergio Perez,” he said in a letter to Force India's personnel. 'Surprisingly BWT jumped in and claimed that their sponsorship amounts were loans which is...
Full Story »
7y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Perez: I acted to save Force India and secure their...

Sergio Perez said on Saturday he sent the Force India team he drives for...
7y ago from GrandPrix247.com

Perez petition leaves Force India in administration -...

The Force India Formula 1 team has been placed into administration, but...
7y ago from GPFans.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

Sahara Force India F1 Team Forced Into Administration...

Sahara Force India Formula One Team were put into administration...

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez recalls the ‘super difficult...

Marc Marquez discusses his previous MotoGP career decision to depart...

Popular On IndyCarToday.com

JHR retains Sting Ray Robb for second season

Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Mick Schumacher joins RLL in IndyCar switch

Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...

Popular On TotalWRC.com

Hyundai World Rally Team reverts to shared third car...

Hyundai Motorsport has announced its full line-up for the 2026 FIA World...

Popular On GunnersToday.com

Report: Arsenal eyeing move for Spanish U21...

Arsenal are interested in signing the highly rated Spanish midfielder...
2h ago from CaughtOffside.com

Tottenham leading race for 80m Arsenal and Chelsea...

Tottenham Hotspur are interested in signing Rodrygo Goes from Real Madrid....
3h ago from CaughtOffside.com

‘We're certainly going to' – Arteta issues...

As the January transfer window approaches, Arsenal manager Mikel Arteta...
2h ago from CaughtOffside.com

Mikel Arteta responds when asked if Arsenal will make...

Arsenal manager Mikel Arteta has admitted that the club will be alert in...
2h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.