News Details
Why administration might be Force India's saving grace
It’s been reported that Sergio Perez and his manager, Julian Jakobi, are behind an application for administrators to be appointed to the Force India Formula 1 team over unpaid debts. Documents released on Wednesday show a winding up application was submitted against the team, though details on who it was issued by were kept secret. However a report by RaceFans.net suggests a Guernsey-based company by the name of Brockstone Limited made the application. According to the report, both Perez and his manager have ties to the company. Perez and/or his sponsors are owed £3 million ($4m) by the team, therefore this may be the driving factor behind the winding up order which is also...
Full Story »
Full Story »
7y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Force India in court over winding up order?
The financial status at Force India was described as "critical"...
7y ago from GPBlog.com
Szafnauer: Force India future clear and secure in week...
Vijay Mallya’s Force India Formula One team may have to go into some...
7y ago from GrandPrix247.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's 'critical' finances a factor in...
Sergio Perez believes that Force India are in a 'critical' financial...
7y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 riders left amazed by Valentino Rossi's...
No description available...
12h ago from Motorsport.com
Marc Marquez’s remains cautious as recovery...
No description available...
14h ago from Motorsport.com
Cal Crutchlow gets Misano test as potential Johann...
No description available...
18h ago from Motorsport.com
Pramac MotoGP team announces arrival of Ross Brawn to...
Pramac has announced that former Formula 1 team boss Ross Brawn has...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Barnes: A few thoughts on the schedule surrounding the...
No description available...
4h ago from Motorsport.com
Former F1 racer Takuma Sato on the strategy to win the...
Anything can happen over the course of a 500-mile oval race — and, in...
7h ago from MotorsportWeek.c...
Santino Ferrucci “wish we had the week off” for...
No description available...
9h ago from Motorsport.com
Winners and losers from the 110th running of the...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Hankook reveals plans for new 2027 WRC tyres, plus...
No description available...
17h ago from Motorsport.com
Takamoto Katsuta: “There is no question, it is full...
No description available...
1d ago from Motorsport.com
Toyota “nervous” of Hyundai threat ahead of WRC...
No description available...
1w ago from Motorsport.com
The mental challenge WRC leader Elfyn Evans faces at...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Jack Wilshere explains why Arsenal are well placed to...
Former Arsenal star Jack Wilshere explains why Arsenal are well placed to...
11h ago from SportsKeeda.com
CL final predictions: Arsenal can go from nearly-men...
Arsenal face Paris Saint-Germain in the Champions League final and by...
10h ago from SkySports.com
Arteta ready to take final step on Arsenal’s 20-year...
decades of disappointment followed Parisian nightmare of Lehmann, Eto’o...
11h ago from TheGuardian.com
Premier League 2025-26 review: the team of the season
no Fernandes, Elliot Anderson and Igor Thiago join a number of Arsenal and...
13h ago from TheGuardian.com
Comments
Hottest News
F1 boss makes Las Vegas final race decision
F1 CEO Stefano Domenicali has opened up about... Read More »
7h ago from GPFans.com
F1 MATHS: What the fastest lap times reveal about the...
Andrea Kimi Antonelli’s fourth consecutive... Read More »
5h ago from F1Technical.net
Aston Martin star used a live bug in a matchbox to decide...
Is it time McLaren F1 team invested in their own... Read More »
6h ago from GPFans.com



























