News Details

Stroll led consortium buys Force India

The administrators for Force India have accepted a bid for the team from a consortium led by Lawrence Stroll, billionaire father of Williams driver Lance Stroll. FRP Advisory confirms that all jobs at the Silverstone-based outfit have been saved, that all creditors will be paid in full and money will be available immediately as the team strives to defend its fourth-place in the team standings it has held for the last two seasons. 'This outcome secures the future of the Force India team in Formula 1 and will allow our team of racers to compete to our full potential,' said Otmar Szafnauer is a statement tonight. 'I am delighted that we have the support of a consortium of investors who...
Full Story »
7y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Force India saved by consortium led by Stroll

Force India has been bought by a consortium led by Canadian businessman...
7y ago from F1i.com

Stroll-backed consortium saves Force India

As expected Force India has been saved by a consortium headed by Lance...
7y ago from GrandPrix247.com

Stroll rescues Force India

The Force India F1 team are to be rescued from administration by a...
7y ago from SkySports.com

BREAKING: Force India come out of administration

Force India have agreed on a deal to avoid bankruptcy and to come out of...
7y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar tire, brake testing completed on IMS oval

IndyCar staged a test at the Indianapolis Motor Speedway on Tuesday and...

Mark Miles teases possible non-championship...

IndyCar is largely considered a North American championship, with races...

Enzo Fittipaldi hails ‘productive’ test with Arrow...

Enzo Fittipaldi completed an IndyCar test with Arrow McLaren last week,...

Popular On TotalWRC.com

Lancia confirms 2026 WRC2 entry with the new Ypsilon...

Lancia will return to the World Rally Championship next year with the new...

Mārtiņš Sesks and Nasser Al-Attiyah join M-Sport...

WRC Promoter, SafetyCulture and M-Sport Ford World Rally Team are...

Popular On GunnersToday.com

Chelsea eyeing up possible move for ex-Arsenal flop:...

According to The Sun (via Tribal Football), Chelsea are reportedly...
9h ago from SportsKeeda.com

'Don't try to run before you can walk' - Pundit...

Former Chelsea man Craig Burley believes Arsenal are in a strong position...
9h ago from SportsKeeda.com

200m Liverpool transfer target wants to leave Atletico...

Atletico Madrid star Julian Alvarez is reportedly now determined to leave...
10h ago from CaughtOffside.com

Episode 850 – The memes lied to us

Welcome to another episode of the Arsecast – the Arsenal podcast. In...
11h ago from Arseblog.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.