News Details
Force India F1 enters administration
Force India has been placed into administration following a High Court ruling on Friday, with the team's current Formula 1 driver, Sergio Perez, and engine supplier Mercedes among the creditors pushing for the move. Following many months of financial uncertainty, Force India was present for a hearing at the High Court in London where it was placed into administration, as confirmed to Crash.net following multiple reports on Friday night. 5774263478001 CrashTV: While this will not have any impact on the day-to-day running of the team, it allows officials to progress in the push to find a possible new buyer or secure fresh investment. Perez called Force India's financial situation...
Full Story »
Full Story »
You May Also Be Interested In...
Force India F1 team put into administration
Vijay Mallya’s Force India Formula One team has been put into...
7y ago from GrandPrix247.com
Perez and creditors drive Force India into...
Force India deputy team principal Bob Fernley has confirmed that the F1...
7y ago from F1i.com
Administration imminent for Force India
Following reports in the German media that Force India was on the verge...
7y ago from Pitpass.com
Force India goes into administration
Force India deputy principal Bob Fernley has confirmed that the team has...
7y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati trusts that "everything will remain...
No description available...
57m ago from Motorsport.com
Gresini Racing exploring potential Honda MotoGP...
Gresini Racing are exploring a potential reunion with Honda as a...
27m ago from MotorsportWeek.c...
Pedro Acosta: ‘Last year’s KTM wasn’t that bad,...
No description available...
1h ago from Motorsport.com
How Marco Bezzecchi dominated the Brazilian MotoGP to...
New MotoGP championship leader Marco Bezzecchi overcame a "really...
3h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
1d ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
5d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
5d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
2d ago from Motorsport.com
Takamoto Katsuta breaks down in tears after...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
The hidden factors that could decide the Premier...
The Premier League is entering its final weeks and the league table...
1h ago from CaughtOffside.com
“I’m shocked” - Tim Sherwood reacts as Tuchel...
Former Tottenham manager Tim Sherwood has admitted he is stunned that...
1h ago from SportsKeeda.com
“Arteta did not make a mistake by starting Kepa” -...
Former Arsenal and Manchester City defender Bacary Sagna has shared his...
1h ago from SportsKeeda.com
Player ratings: Arsenal 0-2 Manchester City
Arsenal underwhelmed in the League Cup final on Sunday afternoon, and it...
2h ago from FreshArsenal.com
Comments
Hottest News
BMW make decision on F1 return
BMW have announced their verdict on a potential... Read More »
4h ago from GPFans.com
Kimi Antonelli's F1 victory: Star ignored George Russell...
An emotional moment for Mercedes F1 star Kimi... Read More »
2h ago from GPFans.com
Carlos Sainz issues 'big crash' warning to F1 over...
Carlos Sainz has reiterated his belief that a... Read More »
1h ago from RacingNews365.com
