News Details
Investment 'imminent' says Otmar Szafnauer as Force India nears sale
Force India's chief operating officer Otmar Szafnauer says much needed investment in the team is 'imminent' as it took a step closer to being sold this week. The Silverstone-based team is owned by Indian businessman Vijay Mallya, who is fighting extradition to face the Indian state over the collapse of his Kingfisher airline, which owes the government hundreds of millions dollars. It's likely Mallya will be extradited despite repeated appeals and with the vast majority of his assets already seized, it's beginning to impact the day-to-day running of the Formula 1 team. Documents reveal that on Wednesday, Force India Formula 1 Team Ltd, faced a winding up...
Full Story »
Full Story »
7y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Toto Wolff: Mercedes won't stand in Esteban Ocon's way
Mercedes chief Toto Wolff says the team “wouldn’t stand in...
7y ago from MotorsportWeek.com
Force India 'open' to releasing Ocon
Force India's chief operating officer Otmar Szafnauer says the team would...
7y ago from F1i.com
Germany my 'worst Friday' amid struggles - Stoffel...
Stoffel Vandoorne described German Grand Prix practice as his...
7y ago from MotorsportWeek.com
Daniel Ricciardo sure of avoiding Hungary drop, braced...
Daniel Ricciardo says he is confident he will avoid an engine related...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez admits ‘my body will force me to retire...
No description available...
21h ago from Motorsport.com
Ducati anticipates ‘2024 version’ of Francesco...
Ducati Team Manager Davide Tardozzi is “very confident” Francesco...
21h ago from MotorsportWeek.c...
Honda completes another test with 2027 bike as Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin: Aprilia signed me to win the title,...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Grand Prix of Long Beach set for leadership change
No description available...
2d ago from Motorsport.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
2d ago from MotorsportWeek.c...
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
2d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Nani Roma: Dakar 2026 at 'F1 level' after close fight
No description available...
15h ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
20h ago from Motorsport.com
Luciano Benavides defeats Ricky Brabec by two seconds...
No description available...
22h ago from Motorsport.com
Ford's Nani Roma survives late crash and fuel drama to...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal star Declan Rice's X-rated reaction after...
Declan Rice was pissed following Arsenal’s 0-0 draw against Nottingham...
1h ago from SportsKeeda.com
“This guy is costing you a title” - Fans slam...
Arsenal fans have ripped into Viktor Gyökeres for his performance during...
11h ago from SportsKeeda.com
Nottingham Forest 0-0 Arsenal: Premier League – live...
points were shared on an evening when Arsenal extended their lead at the...
11h ago from TheGuardian.com
“One of the best news of this weekend”, “King is...
Arsenal fans are delighted to see Cristhian Mosquera included in the...
15h ago from SportsKeeda.com
Comments
Hottest News
Mercedes deny 'complete failure' as it sheds light on F1...
Mercedes was a dominant force in the early years... Read More »
42m ago from RacingNews365.com
Max Verstappen names 'negative' factor to trigger bombshell...
And on that bombshell, what could force Max... Read More »
1h ago from RacingNews365.com
Red Bull return ends 22-year absence as boss declares...
Red Bull's F1 partnership with Ford has ended a... Read More »
32m ago from GPFans.com
