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
Why Aprilia boss is "disappointed" about not...
No description available...
10h ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
2d ago from Motorsport.com
Trackhouse Aprilia launches two liveries ahead of 2026...
Trackhouse Aprilia satellite team has launched its two new liveries in...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
6h ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
11h ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
14h ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
13h ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg moves clear of the...
No description available...
5h ago from Motorsport.com
Solberg sensational in the snow (and slush, and rain)
Oliver Solberg and Elliot Edmondson, making their debut as full-time...
8h ago from MotorsportWeek.c...
FIA offers update on new WRC commercial rights holder...
No description available...
9h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
13h ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta tells these Arsenal players 'they have to...
Arsenal manager Mikel Arteta has explained that his bigger squad this...
4h ago from CaughtOffside.com
Carrick's Man Utd aiming to 'prove' themselves as...
Manchester United head coach Michael Carrick is relishing the opportunity...
3h ago from SkySports.com
Arsenal and Man United exploring move for...
Arsenal and Manchester United are reportedly exploring a potential move...
4h ago from CaughtOffside.com
Arsenal boss Mikel Arteta addresses 'best in the...
Arsenal manager Mikel Arteta has dismissed suggestions from Pep Guardiola...
4h ago from SportsKeeda.com
Comments
Hottest News
Adrian Newey 'furious' about latest FIA ruling
F1 design legend Adrian Newey has reportedly been... Read More »
6h ago from GPFans.com
Ferrari to 'raid McLaren' after Lewis Hamilton switch
Lewis Hamilton will have a new race engineer in... Read More »
7h ago from GPFans.com
Verstappen explains why he is enthusiastic for the team’s...
Four-time F1 world champion Max Verstappen... Read More »
3h ago from F1Technical.net





























