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Force India could miss Belgian Grand Prix

Force India Force India's participation in this weekend's Belgian Formula 1 Grand Prix has been drawn into question after uncertainties linger over the team's precarious financial position. The beleaguered squad was placed in Administration ahead of the Hungarian Grand Prix, before reportedly being purchased by a consortium led by billionaire Lawrence Stroll. However, reports now suggest the sale of the team failed to complete as reported, and that the Stroll-led consortium instead only purchased the team's assets. The sale itself failed owing to a lien, or right to property in lieu of an unsettled debt, to drinks company Diageo, and a number of Indian banks who also failed to give their...
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6y ago from SpeedCafe.com 0
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