News Details

Force India creditors almost all ‘paid off'

Force India are almost up to date on the bills after Lawrence Stroll put in extra money to ensure that all creditors are paid off immediately, not in a year or two. In August Stroll led a consortium that bought the Force India team after it has been put in administration. Already there have been signs of progress out on track with updates arriving, however, there has also been a lot going on behind the scenes. One of those has been ensuring that all creditors, who were reportedly owed £90m, have been, or will soon be, paid off. 'It's important to note that the current shareholders have taken all the risk for the creditors, and have put it in extra money such that the creditors can be...
Full Story »
6y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Lawrence Stroll: I’m a guy like any other guy

Lawrence Stroll has spent a fortune on his son's racing career, most...
6y ago from GrandPrix247.com

Force India back in credit after paying off all debts

Force India has almost completely paid off its debts which put the team...
6y ago from GPBlog.com

George Russell joins Williams F1 on multi-year deal

Mercedes-backed Formula 2 title leader George Russell is to graduate to...
6y ago from MotorsportWeek.com

Latifi confirmed for three more Force India practice...

Force India have confirmed that their test driver Nicholas Latifi will be...
6y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Injured Marc Marquez set to travel to Madrid after...

One week after securing his seventh MotoGP title, Marc Marquez will fly...

Popular On IndyCarToday.com

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

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

Report: Arsenal face competition from Chelsea for...

Barcelona midfielder Marc Casado has been linked with a move away from the...
2h ago from CaughtOffside.com

'I can only speak from experience' - When Lionel Messi...

Argentina legend Lionel Messi spoke about former Arsenal star Theo Walcott...
6h ago from SportsKeeda.com

'He makes everything tick' - Martin Keown believes...

Martin Keown has heaped praise on Arsenal midfielder Martin Zubimendi,...
7h ago from SportsKeeda.com

Martin Keown names the Arsenal signing having the...

Arsenal legend Martin Keown believes the club have clearly pulled off a...
11h 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.