News Details
Force India in court over winding up order?
The financial status at Force India was described as "critical" yesterday by driver Sergio Perez. And now we can see why. The name Force India can be found on the list of UK companies facing winding-up petitions in London. In the paddock at the Hungarian Grand Prix, the term circulating around is 'pre-pack administration'. This means that Force India are arranging the sale of the company to a purchaser before contacting an administrator. Becuase of this, Force India can carry on as usual and will maintain the rights and benefits of the commercial agreements. The court will then decide, and if it is agreed, a creditors meeting will be called to work out what to do with the...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
Perez still a believer in Force India despite...
Sergio Perez says Force India's difficult financial situation is holding...
7y ago from F1i.com
Joe Blogs F1: Force India in court as team seeks...
If one looks through the officials lists of UK companies facing winding...
7y ago from MotorsportWeek.com
Perez describes financial situation at Force India as...
Force India driver Sergio Perez has confirmed the teams' financial...
7y ago from GPBlog.com
Force India financial situation 'critical' - Perez
Jul.27 Sergio Perez says the financial situation at Force India has...
7y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Miguel Oliveira: I did my best to stay in MotoGP but...
No description available...
1d ago from Motorsport.com
Jorge Lorenzo shares his ‘theory' on the cause...
Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
2d ago from MotorsportWeek.c...
How Aprilia believes it “overreached our target”...
No description available...
2d ago from Motorsport.com
Pedro Acosta brands 2025 MotoGP season a “wasted...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
4d ago from MotorsportWeek.c...
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
5d ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
4d ago from Motorsport.com
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
What Elfyn Evans was missing in his 2025 WRC title...
No description available...
8h ago from Motorsport.com
Sebastien Ogier on matching Sebastien Loeb’s record...
No description available...
10h ago from Motorsport.com
Sebastien Ogier wins 9th WRC title, Thierry Neuville...
Sebastien Ogier won his ninth WRC title in Saudia Arabia and Vincent...
14h ago from MotorsportWeek.c...
WRC Saudi Arabia: Thierry Neuville wins chaotic...
No description available...
15h ago from Motorsport.com
Popular On GunnersToday.com
Chelsea vs Arsenal Prediction and Betting Tips | 30th...
The Premier League features a high-profile match between two of England's...
6h ago from SportsKeeda.com
“They are doing very well, but we haven't faced them...
Chelsea star Moises Caicedo has boldly said that his side can do well...
11h ago from SportsKeeda.com
Arsenal and Man United told how much they need to pay...
Arsenal and Manchester United will have to fork out £75 million to sign...
14h ago from CaughtOffside.com
Chelsea ready to break rival hearts with move for...
Chelsea are reportedly interested in the Arsenal youngster Myles...
14h ago from CaughtOffside.com
Comments
Hottest News
Adjusted 2025 F1 Qatar Grand Prix starting grid after...
Check out the adjusted starting grid for the 2025... Read More »
4h ago from RacingNews365.com
Lewis Hamilton hints at underlying Ferrari issues other...
Lewis Hamilton has suggested areas of... Read More »
6h ago from MotorsportWeek.com
Leclerc concludes Qatar qualifying with head down, hope...
Charles Leclerc emerged from qualifying in Qatar... Read More »
3h ago from F1i.com
