News Details

Perez explains Force India's financial position

Sergio Perez Sergio Perez has issued statement clarifying his involvement in Force India being placed into administration. The team was in court to face a winding up petition from creditors on Wednesday before going into administration on Friday. On Thursday Perez had described the team's financial position as critical, and was revealed to be one of the debtors involved in triggering the administration process. The Mexican has since issued a statement in an effort to explain that his intention was to protect the team and its staff. 'I want you to know my version of what happened in these last days as I have sadly seen on the media a lot of wrong information that hurts me,' the statement...
Full Story »
7y ago from SpeedCafe.com 0
Share

You May Also Be Interested In...

Force India placed into administration over Perez debt

Force India was placed into administration on Friday, reportedly after...
7y ago from PlanetF1.com

Perez still a believer in Force India despite...

Sergio Perez says Force India's difficult financial situation is holding...
7y ago from F1i.com

BREAKING: Force India placed into administration!

Force India has been placed into administration over debts apparently...
7y ago from GPBlog.com

Perez: I acted to save Force India and secure their...

Sergio Perez said on Saturday he sent the Force India team he drives for...
7y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.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...

Rough and tumble weekend dampens Josef Newgarden’s...

Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...

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:...
22h ago from MotorsportWeek.c...

Popular On GunnersToday.com

'Have to cook at the optimal speed' - Mikel Arteta...

Arsenal boss Mikel Arteta has opened up about comparisons between Lionel...
35m ago from SportsKeeda.com

Arsenal's next four games will make or break their...

It's no exaggeration to say that the fate of Arsenal's season probably...
1h ago from CaughtOffside.com

The race for Premier League Player of the Season:...

As we push through the crucial month of March in the 2025/26 Premier...
2h ago from CaughtOffside.com

Frontrunners Arsenal face intense battle to sign...

According to Calciomercato, AC Milan and Inter Milan are actively...
6h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.