News Details

Company questions Force India takeover

Aug.22 Force India's takeover by the Lawrence Stroll-led consortium could have hit a road bump. A company called Uralkali, headed by Russian Dmitry Mazepin whose son is a Force India test driver, is questioning the Stroll takeover. Uralkali claims it put together a "competitive bid" for the team, but says the conditions placed upon it by the administrators were unfair. In a statement, the Mazepin-led potash company said the administrators "refused to engage" and "did not reply to phone calls and emails". "Uralkali considers that the process conducted by the administrator may not be in the best interests of Force India's creditors and other stakeholders,...
Full Story »
Share

You May Also Be Interested In...

Mazepin-linked company questions Stroll Force India...

Uralkali, the company linked to the father of GP3 racer Nikita Mazepin,...
7y ago from Crash.net

Force India’s situation after the takeover

Force India is looking for a brighter and more secure future after the...
7y ago from F1Technical.net

Lawrence Stroll has put the ‘final nail' into...

Ex-Formula 1 World Champion Jacques Villeneuve has expressed his concern...

Mazepin questions Force India deal

Uralkali, the company owned by GP3 racer Nikita Mazepin's father, has...
7y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Massimo Rivola: Aprilia has become the ‘benchmark’...

Massimo Rivola has admitted that Aprilia has become the current reference...

Jonathan Rea explains why ‘mental management’ will...

Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle Rovanpera returns to WRC with Subaru

Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...

Popular On GunnersToday.com

'Never good news' – Mikel Arteta drops worrying...

Mikel Arteta has provided a concerning injury update on Gabriel Magalhaes,...
2h ago from CaughtOffside.com

Mikel Arteta makes 'not ideal' claim when asked about...

Arsenal boss Mikel Arteta sounded bleak about centre-back Gabriel...
1h ago from SportsKeeda.com

Mikel Arteta takes full responsibility for Arsenal's...

Arsenal boss Mikel Arteta attributed the team's 2-1 FA Cup quarter-final...
7m ago from SportsKeeda.com

Arsenal ready to splash the cash on Brazilian...

Arsenal are interested in signing the Brazilian midfielder Lucca Marques...
4h ago from CaughtOffside.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.