News Details

Force India not affected by financial troubles

The Force India F1 team isn't affected by its shareholders current financial troubles, deputy team principal Bob Fernley insists. News that co-owner Vijay Mallya's airline shares have plunged following their creditors decision to recall loans of up to £1 billion, and more recently the freezing of shareholder Subrata Roy's assets due to non-compliance with the Supreme Court's order that Sahara must repay £2 billion plus interest back to investors, has once again put the Formula One team under the spotlight. Fernley though is adamant that the team is a separate entity, free from the financial troubles its owners are currently experiencing. "There is a disconnect between what...
Full Story »
12y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Force India insulated from Vijay Mallya's financial...

London:  Force India insisted on Thursday that its Grand Prix team...
12y ago from NDTVSports.com

Force India insulated from Mallya - team

LONDON, Feb 14, 2013 (F1plus/AFP) - Force India insisted Thursday its...
12y ago from F1Plus.com

Force India consider Karthikeyan for race seat

10 February, 2013 Vijay Mallya with Narain Karthikeyan Indian F1 driver...
12y ago from YallaF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Team Penske places David Malukas in the iconic #12...

Team Penske has announced that David Malukas will be joining the team and...

Zak Brown addresses three areas IndyCar can improve

McLaren CEO Zak Brown penned an open letter on Monday outlining his...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arteta admits he personally called star's dad to seal...

Arsenal signed Noni Madueke from Chelsea during the summer transfer...
2h ago from CaughtOffside.com

'My word' – Former PL star names duo who've...

Former Liverpool and Aston Villa star Stan Collymore has heaped praise...
5h ago from CaughtOffside.com

Collymore's column: Alexander Isak's Liverpool debut,...

In his exclusive column for CaughtOffside, former Liverpool striker Stan...
6h ago from CaughtOffside.com

Arteta refuses to rule out Saka and Odegaard return...

Arsenal boss Mikel Arteta has refused to rule out returns for Bukayo Saka...
4h ago from SkySports.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.