News Details
Perez: I've done this to save the team
Sergio Perez insists it wasn't money but rather his desire to 'save' Force India that was behind his decision to force the team into administration. Earlier this week it was announced that Force India had gone in administration after failing to pay debts, including one of £3 million owed to Perez. Team boss Vijay Mallya told staff that Perez was behind the legal proceedings. 'Force India Formula One was placed into ‘administration’ today by the court based on a petition filed by none other than our driver Sergio Perez,” he said in a letter to Force India's personnel. 'Surprisingly BWT jumped in and claimed that their sponsorship amounts were loans which is...
Full Story »
Full Story »
7y ago from PlanetF1.com
0
You May Also Be Interested In...
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
Perez petition leaves Force India in administration -...
The Force India Formula 1 team has been placed into administration, but...
7y ago from GPFans.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
Sahara Force India F1 Team Forced Into Administration...
Sahara Force India Formula One Team were put into administration...
7y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Everything we know about Goiania Circuit –...
No description available...
1h ago from Motorsport.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
9h ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
1d ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
23h ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
23h ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
7h ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
2d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Thierry Henry tips 'oustanding' Arsenal bargain...
Arsenal legend Thierry Henry has backed goalkeeper David Raya to win...
8h ago from CaughtOffside.com
Newcastle rival Arsenal & Manchester City for...
Newcastle United are one of the clubs reported to have set their sights on...
8h ago from CaughtOffside.com
Premier League club could demand “in excess” of...
Manchester United and Arsenal are both looking to strengthen their...
10h ago from CaughtOffside.com
Report: La Liga giants closely monitoring attacking...
Atlético Madrid are reportedly assessing potential moves for Arsenal...
10h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin replacing Adrian Newey as team principal the...
Aston Martin's 2026 F1 season is descending into... Read More »
2h ago from GPFans.com
Williams make 'significant' admission as major F1 car...
Williams boss James Vowles has explained how the... Read More »
1h ago from RacingNews365.com
Max Verstappen F1 crisis reaches boiling point in tense...
Max Verstappen's frustrations at his new Red Bull... Read More »
3h ago from GPFans.com



























