News Details

Uralkali to sue Force India administrators over team sale

Russian fertiliser company Uralkali has confirmed it is taking legal action against administrators FRP Advisory LLP over the sale of the Force India Formula 1 Team. Uralkali, which is headed up by Dimitry Mazepin, father of GP3 racer Nikita Mazepin, claims its bid for the team was 'higher' than that of the eventual winning bid led by Lawrence Stroll, father of Williams racer Lance Stroll. In a statement issued on Thursday, Uralkali said it had started proceedings in the London High Court and was seeking substantial damages for 'prejudicial and unequal treatment'. 'We had a strong business case for acquiring Force India and we believe our bid was the best one tabled, and the...
Full Story »
Share

You May Also Be Interested In...

Mazepin company sues Force India administrators

Russian Potash producer Uralkali is suing the administrators of the Force...
6y ago from GrandPrix247.com

Force India administrators facing legal action

As expected, Russian potash fertilizer producer and exporter, Uralkali, is...
6y ago from Pitpass.com

Uralkali reignites legal row over Force India takeover

Russian Potash producer, Uralkali, have issued a fresh statement saying...
6y ago from PlanetF1.com

Uralkali launches legal action against Force India...

Uralkali has claimed it is suing the administrator which oversaw the sale...
6y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Detroit GP expected to remain downtown amid potential...

Following the conclusion of the Detroit Grand Prix, organizers have...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Popular On TotalWRC.com

Redemption for Ogier

One year on from losing victory on the final stage of Rally Italia...
12h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Manchester United and Arsenal handed boost as striker...

Manchester United and Arsenal have received a boost in their pursuit of...
10h ago from SportsKeeda.com

Martin Zubimendi considering snubbing move to Arsenal...

Real Sociedad star Martin Zubimendi is considering rejecting Arsenal in...
13h ago from SportsKeeda.com

Xabi Alonso to inform Real Madrid veteran that he's no...

Real Madrid manager Xabi Alonso is all set to inform David Alaba that he...
13h ago from SportsKeeda.com

Real Madrid pull plug on potential move for...

Real Madrid have ended their pursuit of VfB Stuttgart midfielder Angelo...
14h ago from SportsKeeda.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.