News Details
Perez petition leaves Force India in administration - report
The Force India Formula 1 team has been placed into administration, but will continue to race in 2018 as "urgent" work is started in an attempt to rescue the team. Force India were placed into administration by a London court on Friday, the move reportedly activated by a petition from a company linked to their driver Sergio Perez. Force India's financial situation has been known to be precarious for some time and this move once again highlights the financial disparity across Formula 1. Although Force India have finished fourth in the constructors' championship in the past two years, they have still struggled financially as their legacy payments from F1 are dwarfed by those paid to...
Full Story »
Full Story »
7y ago from GPFans.com
0
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
Force India F1 enters administration
Force India has been placed into administration following a High Court...
7y ago from Crash.net
Force India go into administration
Force India will continue to race at this weekend's Hungarian GP despite...
7y ago from SkySports.com
Szafnauer: Force India future clear and secure in week...
Vijay Mallya’s Force India Formula One team may have to go into some...
7y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu: I may fail to get my first MotoGP...
No description available...
5h ago from Motorsport.com
Rival MotoGP teams offering "a lot of money"...
No description available...
9h ago from Motorsport.com
Marc Marquez admits ‘my body will force me to retire...
No description available...
1d ago from Motorsport.com
Ducati anticipates ‘2024 version’ of Francesco...
Ducati Team Manager Davide Tardozzi is “very confident” Francesco...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
3d ago from MotorsportWeek.c...
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
3d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
3d ago from Motorsport.com
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Loeb after 13 Dakar punctures: Cars now...
No description available...
11h ago from Motorsport.com
Nani Roma: Dakar 2026 at 'F1 level' after close fight
No description available...
1d ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
1d ago from Motorsport.com
Luciano Benavides defeats Ricky Brabec by two seconds...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta provides worrying update on key Arsenal...
Arsenal manager Mikel Arteta has revealed that Bukayo Saka is dealing with...
4h ago from SportsKeeda.com
Arsenal latest: 'Ajax close to signing Zinchenko on...
No description available...
4h ago from SkySports.com
'I saw it live, I saw it here. I saw it now again' -...
Arsenal manager Mikel Arteta believes his side were denied a clear penalty...
9h ago from SportsKeeda.com
Nottingham Forest 0-0 Arsenal: Gunners misfire to...
Match report – Player ratings – Arteta reaction – Quotes...
13h ago from Arseblog.com
Comments
Hottest News
Ferrari tipped for 'disaster' as Lewis Hamilton and Charles...
Ferrari have been tipped to be the team heading... Read More »
2h ago from GPFans.com
F1 fans go wild for Oscar Piastri's 'absolutely diabolical'...
McLaren star Oscar Piastri has sent fans wild... Read More »
56m ago from GPFans.com
F1 legend claims team with ZERO titles has real chance to...
Former F1 champion Damon Hill has warned fans... Read More »
3h ago from GPFans.com
