News Details
Force India in court over winding up order?
The financial status at Force India was described as "critical" yesterday by driver Sergio Perez. And now we can see why. The name Force India can be found on the list of UK companies facing winding-up petitions in London. In the paddock at the Hungarian Grand Prix, the term circulating around is 'pre-pack administration'. This means that Force India are arranging the sale of the company to a purchaser before contacting an administrator. Becuase of this, Force India can carry on as usual and will maintain the rights and benefits of the commercial agreements. The court will then decide, and if it is agreed, a creditors meeting will be called to work out what to do with the...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
Perez still a believer in Force India despite...
Sergio Perez says Force India's difficult financial situation is holding...
7y ago from F1i.com
Joe Blogs F1: Force India in court as team seeks...
If one looks through the officials lists of UK companies facing winding...
7y ago from MotorsportWeek.com
Perez describes financial situation at Force India as...
Force India driver Sergio Perez has confirmed the teams' financial...
7y ago from GPBlog.com
Force India financial situation 'critical' - Perez
Jul.27 Sergio Perez says the financial situation at Force India has...
7y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 looking for mix of experience and youth in 2027...
No description available...
7h ago from Motorsport.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
15h ago from Motorsport.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
1d ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood’s surprise lunge on Alex Palou...
Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...
12h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Grand Prix of...
No description available...
1d ago from Motorsport.com
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
1d ago from MotorsportWeek.c...
Kirkwood "currently the biggest threat" to...
No description available...
1d 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:...
8h ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
9h ago from Motorsport.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
1d ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Henry defends Arteta style: I don't have to like it,...
Arsenal legend Thierry Henry stepped in to defend the Gunners' style under...
55m ago from SkySports.com
Arsenal dealt injury setback before Leverkusen as...
Mikel Arteta has confirmed that Martin Odegaard and Jurrien Timber will...
2h ago from CaughtOffside.com
Max Dowman has inspired Arsenal in hunt for...
t;li>‘To be that precise, that’s something difficult to...
2h ago from TheGuardian.com
Arsenal could be handed unexpected financial boost as...
Arsenal could be set for a significant financial windfall as Serie A...
4h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin ‘are now looking for a new team principal’...
Aston Martin are now looking for a new team... Read More »
4h ago from GPFans.com
Aston Martin and Adrian Newey given massive F1 lifeline...
Aston Martin's car sucks. Read More »
12h ago from GPFans.com
Fernando Alonso takes drastic action to avoid injury from...
Fernando Alonso was forced into drastic action at... Read More »
2h ago from GPFans.com
