News Details

Wolff: Buyers with deep pockets interested in Force India

Although times are dire for Force India right now, according to Mercedes team chief Toto Wolff there is light at the end of the tunnel for the team as a host of potential buyers have stepped up to save the beleaguered Silverstone based Formula 1 team. Sergio Perez explained in a special letter why he initiated legal proceedings against the team which triggered administration for the team co-owned by underfire business tycoon Vijay Mallya, Michael Mol and Subrata Roy. Team COO Otmar Szafnauer acknowledged that times are dire, but Wolff revealed to reporters in Hungary that the bad times should be over soon, 'First of all, full credit must be given to Vijay for ten years or so of funding the...
Full Story »
7y ago from GrandPrix247.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: I've done this to save the team

Sergio Perez insists it wasn't money but rather his desire to 'save'...
7y ago from PlanetF1.com

Perez: I was asked to save Force India with legal...

Sergio Perez has revealed he was asked to help "save" Force...
7y ago from Crash.net

Stroll set to take over bankrupt Force India

Lance Stroll's billionaire father Lawrence Stroll has reportedly struck a...
7y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP exploring options to return to China after...

MotoGP series promoter Dorna is reportedly considering a return to China...
18h ago from MotorsportWeek.c...

Jorge Lorenzo shares his ‘theory' on the cause...

Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...

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

Popular On GunnersToday.com

Arsenal vs Brentford Prediction and Betting Tips |...

Arsenal and Brentford will battle for three points in an all-London affair...
8h ago from SportsKeeda.com

Theo Walcott makes claim about Chelsea's PL title...

Former England star Theo Walcott believes Chelsea are a threat to Arsenal...
10h ago from SportsKeeda.com

Arsenal, Chelsea and Liverpool learn asking price for...

Real Madrid midfielder Eduardo Camavinga has been linked with a move away...
11h ago from CaughtOffside.com

Mikel Arteta hails ‘more reliable’ Arsenal squad...

t;li>Manager confident squad-building lessons learned He hopes Havertz...
17h ago from TheGuardian.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.