News Details
How close were Force India to closing?
Otmar Szafnauer has revealed that Force India were days away from closing altogether and subsequently surrendering their place in Formula One before Lawrence Stroll, father of Lance Stroll, led a consortium to a takeover to save the team as well as the jobs of its employees. The day before the Hungarian Grand Prix, Force India's financial woes caught up with them and they went into administration. They were on the precipice of collapsing until Stroll came in. “It was pretty close,” Szafnauer said of the potential closure. “I think there were some of the creditors and legal actions to go down the insolvency route instead of the administration route. “The significant...
Full Story »
Full Story »
7y ago from GPFans.com
0
You May Also Be Interested In...
Stroll set for Force India switch at Monza in HUGE...
Lance Stroll could be on for a switch to Racing Point Force India by the...
7y ago from GPBlog.com
Stroll takeover 'not in the best interests' of Force...
Lawrence Stroll's takeover of the Force India Formula 1 team has been...
7y ago from GPFans.com
Silly Season: Stroll to Force India, Kubica to...
This is arguably the craziest Silly Season in Formula 1 history, mounting...
7y ago from GrandPrix247.com
Stroll 'on standby' for Force India switch at Monza
Lance Stroll is "on standby" for a potential switch from...
7y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 an option for Pedro Acosta, but priority is a...
No description available...
19h ago from Motorsport.com
Can Aprilia dethrone Ducati in the 2026 MotoGP title...
The conclusion of the 2025 MotoGP season saw an unprecedented level of...
21h ago from MotorsportWeek.c...
Aprilia reveals 2026 MotoGP bike for Marco Bezzecchi...
No description available...
1d ago from Motorsport.com
Aprilia Racing presents 2026 MotoGP livery
Aprilia Racing kicked off 2026 by unveiling its newest MotoGP livery in...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Grand Prix of Long Beach set for leadership change
No description available...
18h ago from Motorsport.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
17h ago from MotorsportWeek.c...
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
19h ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 13: Nasser Al-Attiyah wins to extend...
No description available...
29m ago from Motorsport.com
Dakar 2026, Stage 11: Mattias Ekstrom leads Ford...
No description available...
1d ago from Motorsport.com
Dakar 2026, Stage 10: Mathieu Serradori wins as Nasser...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal prepare mega contract for Spaniard as club is...
Arsenal are preparing to offer Mikel Arteta a new contract running until...
49m ago from CaughtOffside.com
Insider confirms Arsenal are ready to target summer...
Arsenal are preparing an audacious summer move for Newcastle United winger...
2h ago from CaughtOffside.com
Chelsea rival Arsenal & Man Utd for 30m wonderkid...
Chelsea are ready to rival the likes of Arsenal and Manchester United for...
19m ago from CaughtOffside.com
Sources: 'Arsenal have been in his ear…' –...
Arsenal have approached Crystal Palace centre-back Marc Guehi about a free...
1h ago from CaughtOffside.com
Comments
Hottest News
The first F1 2026 secrets revealed as Red Bull launch RB22...
RacingNews365's technical expert Paolo Filisetti... Read More »
3h ago from RacingNews365.com
Red Bull 'on the limit' of F1 rules after Mercedes 'trick...
Red Bull's power unit boss Ben Hodgkinson has... Read More »
38m ago from RacingNews365.com
Helmut Marko has bad news for Max Verstappen following...
Former Red Bull advisor Helmut Marko thinks a... Read More »
1h ago from RacingNews365.com
