News Details

Fernley: Williams vetoed our request for money advance

Apparently, the competition between Formula 1 teams is as tough off-track as it is on track as Williams proved by vetoing an advance payment request made by Force India and thus forcing the team to source required funding for the season. Deputy team principal Bob Fernley revealed to Auto Bild that when he requested a financial advance from Liberty Media – a common request from teams – on the back of their 2017 income, they were blocked, He explained, 'For that to happen we needed the unanimous approval of the other teams, but Williams decided to veto.' 'I will have to raise a lot of money in a short amount of time. I have a plan that could work in the next two to three weeks,'...
Full Story »
7y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Force India will remain Force India for now

Force India won't change their name this season after shareholders failed...
7y ago from PlanetF1.com

Williams vetoes prize money advance to Force India

Force India deputy team principal Bob Fernley is working overtime to...
7y ago from F1i.com

Force India's Robert Fernley: 'We didn’t have the...

Robert Fernley, the deputy team principal of Sahara Force India F1 Team,...

Force India's Robert Fernley: 'It's Not a Massive...

Sahara Force India F1 Team Deputy Team Principal Robert Fernley revealed...

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu: MotoGP's newest superstar

On one fateful day, June 10, 2025, news finally broke that would mark one...

Popular On IndyCarToday.com

Tim Cindric returns to Penske in race strategist role

Team Penske has announced the strategist line-up for its 2026 IndyCar...
14h ago from MotorsportWeek.c...

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal rival Liverpool & Man Utd for potential...

Arsenal are reportedly the latest club in the mix for the potential...
54m ago from CaughtOffside.com

Mikel Arteta confirms Arsenal star who makes teammates...

Arsenal boss Mikel Arteta has said that attacker Kai Havertz is in...
14m ago from SportsKeeda.com

Fabrizio Romano says Arsenal star flying out today to...

Arsenal left-back Oleksandr Zinchenko is reportedly flying out today to...
2h 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.