News Details

Force India financial situation 'critical' - Perez

Jul.27 Sergio Perez says the financial situation at Force India has become "critical". In recent days, there have been reports that the Silverstone based team may soon enter insolvency proceedings, or be bought by Lawrence Stroll, the father of Williams driver Lance Stroll. Auto Motor und Sport reports that while the risk of insolvency remains and might actually be helpful, billionaire Stroll will in fact not buy Force India but is instead willing to back whoever does buy it. Mexican driver Perez told reporters in Hungary: "The situation is critical. "Financial problems are now holding back the progress of the team. "Despite the difficulties, we are fifth in the...
Full Story »
Share

You May Also Be Interested In...

Perez describes financial situation at Force India as...

Force India driver Sergio Perez has confirmed the teams' financial...
7y ago from GPBlog.com

Perez: Force India's situation is critical

Linked to a buy-out by Lawrence Stroll, Sergio Perez admits Force India's...
7y ago from PlanetF1.com

Perez still a believer in Force India despite...

Sergio Perez says Force India's difficult financial situation is holding...
7y ago from F1i.com

Perez: Force India F1 financial situation 'critical'

Sergio Perez says Force India is currently in a "critical"...
7y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

‘A World Champion cannot do a mistake like that'...

Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...

Popular On IndyCarToday.com

Longtime IndyCar team owner Dennis Reinbold passes...

Dreyer and Reinbold Racing announced Sunday that the team’s owner and...

IndyCar Officiating details infraction severity levels

IndyCar Officiating has released more specific information regarding the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Journo confirms Man United and Arsenal midfield target...

Tottenham have reportedly entered the race for Newcastle United midfielder...
2h ago from CaughtOffside.com

Insider confirms £280k per week Arsenal star is being...

Kai Havertz has reportedly emerged as a name on Bayer Leverkusen’s...
4h ago from CaughtOffside.com

Man United gain transfer edge on midfielder as Arsenal...

Manchester United appear to have gained a major advantage in the race for...
6h ago from CaughtOffside.com

From Crumlin to Cabo Verde via LinkedIn

Morning all. Let's start with Cabo Verde and their incredible 0-0 draw...
5h ago from Arseblog.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.