News Details

Force India was ‘very close’ to folding – Szafnauer

The reborn Force India Formula 1 squad was days away from collapsing before going into administration and being rescued by new owners, team principal Otmar Szafnauer has revealed. Force India fell into administration on the eve of the Hungarian Grand Prix before a consortium led by Lawrence Stroll, the father of Williams driver Lance Stroll, bought the assets of the team and saved all 405 jobs at the Silverstone squad. It submitted a mid-season entry in order to race at the Belgian Grand Prix as new entity Racing Point Force India, enjoying a brilliant weekend as Sergio Perez and Esteban Ocon secured a double points finish after starring in qualifying. 5774263478001 CrashTV:  But...
Full Story »
7y ago from Crash.net 0
Share

You May Also Be Interested In...

Force India was ‘very close’ to closing –...

The reborn Force India Formula 1 squad was days away from collapsing...
7y ago from Crash.net

Force India’s Otmar Szafnauer: “Fifth and sixth is...

Otmar Szafnauer says securing fifth and sixth place finishes in the...

How close were Force India to closing?

Otmar Szafnauer has revealed that Force India were days away from closing...
7y ago from GPFans.com

Szafnauer: Thanks to F1 teams for supporting Force...

Force India is in the process of being saved by a consortium led by...
7y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Why McLaren is suing reigning IndyCar champion for $20...

The court case centred on McLaren Racing and 2025 IndyCar Champion Alex...

Lochie Hughes secures IndyCar reserve role with...

Andretti Global has announced a continued partnership with Lochie Hughes...

IMSA’s AO Racing considering expansion, possibly...

AO Racing, one of the more popular teams racing in IMSA currently, is...

Five IndyCar teams jump start offseason testing at...

Five different IndyCar teams completed a test at Mid-Ohio Sports Car...

Popular On TotalWRC.com

Popular On GunnersToday.com

Martin Odegaard's injury opens door for one Arsenal...

Arsenal have been delivered a significant blow after confirmation that...
2h ago from CaughtOffside.com

'Wasn’t the right match' – Arsenal summer...

Arsenal summer signing Christian Norgaard has made a surprise admission...
3h ago from CaughtOffside.com

Real Madrid and Arsenal interested in signing...

European giants Arsenal and Real Madrid are among a number of sides...
4h ago from SportsKeeda.com

Arsenal expect Martin Ødegaard to miss six weeks with...

t;li> Captain could return for November’s north London derby Eberechi...
5h 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.