News Details

Stroll led consortium buys Force India

The administrators for Force India have accepted a bid for the team from a consortium led by Lawrence Stroll, billionaire father of Williams driver Lance Stroll. FRP Advisory confirms that all jobs at the Silverstone-based outfit have been saved, that all creditors will be paid in full and money will be available immediately as the team strives to defend its fourth-place in the team standings it has held for the last two seasons. 'This outcome secures the future of the Force India team in Formula 1 and will allow our team of racers to compete to our full potential,' said Otmar Szafnauer is a statement tonight. 'I am delighted that we have the support of a consortium of investors who...
Full Story »
7y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Force India saved by consortium led by Stroll

Force India has been bought by a consortium led by Canadian businessman...
7y ago from F1i.com

Stroll-backed consortium saves Force India

As expected Force India has been saved by a consortium headed by Lance...
7y ago from GrandPrix247.com

Stroll rescues Force India

The Force India F1 team are to be rescued from administration by a...
7y ago from SkySports.com

BREAKING: Force India come out of administration

Force India have agreed on a deal to avoid bankruptcy and to come out of...
7y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP announces Qatar round postponed until November

MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...

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,...
16h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal boss Mikel Arteta confirms 2 key first team...

Arsenal boss Mikel Arteta has confirmed the unavailability of both Martin...
27m ago from SportsKeeda.com

Every touch! Just how good was Dowman's performance...

Take a closer look at Max Dowman's match-winning performance against...
1h ago from SkySports.com

Supercomputer predicts final top four and relegated...

A supercomputer has predicted the results of the Premier League this...
2h ago from SportsKeeda.com

Arsenal vs Bayer Leverkusen Prediction and Betting...

The UEFA Champions League is back in action with another set of knockout...
3h ago from SportsKeeda.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.