News Details
Force India to lose prize money?
While Renault, McLaren and Williams appear set to disrupt the sale of the Force India sale for their own reasons, in the minefield that are the Team Agreements, there is another element that could cost the Silverstone-based outfit dearly. The float prospectus talking about the team agreement states that: 'A team's rights and obligations under its Team Agreement terminate if it: (a) ceases to be a constructor, fails to participate in more than three Events in a season or fails to submit a valid entry form for participation in the World Championship, or (b) is insolvent.' Should it be the case that Force India is actually insolvent, in that it cannot currently pay its bills, under the terms...
Full Story »
Full Story »
7y ago from Pitpass.com
0
You May Also Be Interested In...
Wolff looks ahead to Force India buyer
Toto Wolff says he is watching the situation at Force India very closely....
7y ago from ThisIsF1.com
Trio of teams thwarting Force India takeover –...
McLaren, Renault and Williams could reportedly thwart the proposed Force...
7y ago from PlanetF1.com
Trio of teams thwarting Force India deal – report
McLaren, Renault and Williams could reportedly thwart the proposed Force...
7y ago from PlanetF1.com
McLaren, Williams and Renault thwarting Force India...
Three teams reportedly look set to make the sale and rescue of Force India...
7y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
5d ago from Motorsport.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
2d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
2d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
5d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar Nashville – Qualifying Results
The final qualifying session of the 2025 IndyCar season took place on...
1h ago from MotorsportWeek.c...
Pato O’Ward powers to a blistering 202.621 mph pole...
No description available...
58m ago from Motorsport.com
O’Ward tops 202 MPH to take IndyCar pole in Nashville
The NTT IndyCar Series is visiting Nashville Superspeedway this weekend,...
1h ago from MotorsportWeek.c...
Callum Ilott, Christian Rasmussen given IndyCar grid...
The NTT IndyCar Series has handed out grid penalties for two drivers...
7h ago from MotorsportWeek.c...
Popular On TotalWRC.com
M-Sport Ford team hits bedrock at WRC Rally Paraguay...
No description available...
2h ago from Motorsport.com
WRC Paraguay: Ott Tanak loses victory hopes, Kalle...
No description available...
5h ago from Motorsport.com
WRC Rally Paraguay leaderboard in disarray after...
No description available...
23h ago from Motorsport.com
WRC Paraguay: Adrien Fourmaux leads, Sebastien Ogier...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
West Ham may have edge over Euro giants in race to...
West Ham United have reportedly joined the race for the potential transfer...
8h ago from CaughtOffside.com
Exclusive details on complicated structure of Piero...
Piero Hincapie is set to become an Arsenal player as there's an agreement...
11h ago from CaughtOffside.com
Done deals: Arsenal set to confirm two major defensive...
Arsenal are pushing to wrap up two significant defensive deals before the...
12h ago from FreshArsenal.com
'I worry…' – Carragher tips Arsenal for...
Liverpool legend Jamie Carragher has admitted he is worried about his old...
13h ago from CaughtOffside.com
Comments
Hottest News
FIA issue Max Verstappen penalty verdict at Dutch GP
The FIA have announced their penalty verdict for... Read More »
5h ago from GPFans.com
Lewis Hamilton doomed after bleak Dutch GP prophecy
Lewis Hamilton may have little to celebrate at... Read More »
38m ago from GPFans.com
FIA issue punishment verdict after controversial incident...
The FIA race stewards have come to a decision... Read More »
1h ago from GPFans.com
