News Details

Force India seeks advance on payments

The Force India Formula One team have requested an advance on their 2016 championship money to help tide them through the winter and pay suppliers. Deputy team principal Bob Fernley told Reuters the request was for a payment similar to the one Force India received from commercial supremo Bernie Ecclestone before the start of this season. "The only difference between what we did at the beginning of this year and what we are planning for 2016 is just bringing it forward a month or so earlier to cash-flow it better," he said on Wednesday ahead of the Mexican Grand Prix. "We don't want suppliers suffering, obviously," added Fernley. "We know we've got to draw down...
Full Story »
10y ago from SuperSport.com 0
Share

You May Also Be Interested In...

Tost against 2016 in-season testing

– Toro Rosso Team Principal Franz Tost says that Formula 1 will be...
10y ago from GPUpdate.net

Force India waiting for EU investigation feedback

It may be weeks or months before the European Commission decides whether...
10y ago from GrandPrix247.com

Wehrlein expects F1 decision in 'two to three weeks'

Mercedes reserve driver Pascal Wehrlein will soon discover whether or not...
10y ago from GrandPrixTimes.com

Mallya: Force India not maximising opportunities

Vijay Mallya believes his Force India team is still on the path to...
10y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar announces Donald Trump-backed race on National...

IndyCar has announced an inaugural race on America's National Mall,...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Okay…' – Mikel Arteta gives perfect...

Arsenal manager Mikel Arteta gave the perfect response when asked about...
7h ago from CaughtOffside.com

Arteta calls Arsenal ‘most exciting team in...

t;li>‘We have the most goals, the most clean sheets’Liam Rosenior...
7h ago from TheGuardian.com

Transfer window 2026: Every done deal, including Man...

The transfer window is now closed, so we've rounded up every single done...
9h ago from CaughtOffside.com

'I'm told…' – Journalist reveals Chelsea...

Arsenal have reportedly won the race to sign Jaden Dixon from Stoke City,...
9h 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.