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: 'Speeds will be lower with 850cc bikes,...
No description available...
15h ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
19h ago from Motorsport.com
VR46 looking for mix of experience and youth in 2027...
No description available...
1d ago from Motorsport.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
10h ago from MotorsportWeek.c...
Takuma Sato set for Indy 500 return with Rahal...
No description available...
11h ago from Motorsport.com
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
16h ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
15h ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
1d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
3d ago from Motorsport.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Report: New club joins race for soon-to-be free agent...
The race to sign Leon Goretzka is heating up ahead of the summer transfer...
40m ago from CaughtOffside.com
From Italy: Arsenal & Man United handed...
Arsenal and Manchester United may have been given some very promising...
20m ago from CaughtOffside.com
Arsenal 2-0 Bayer Leverkusen: Eze's thunderbolt helps...
Match report – Player ratings – Arteta reaction – Video...
20m ago from Arseblog.com
Eze and Rice pick off Bayer Leverkusen as Arsenal...
there anyone who can stop Arsenal in this kind of form? The Bayer...
10m ago from TheGuardian.com
Comments
Hottest News
De la Rosa calls for unity amid Aston-Honda crisis
Mar.18 Adrian Newey's absence in Shanghai last... Read More »
40m ago from OneStopStrategy.com
Montezemolo regrets Montezemolo ‘in a Mercedes'
Mar.18 Luca di Montezemolo admits he would have... Read More »
40m ago from OneStopStrategy.com
Villeneuve defends 2026 rules as backlash grows
Mar.18 Jacques Villeneuve has defended Formula... Read More »
40m ago from OneStopStrategy.com
