News Details
Reports: Force India enter administration
Hungarian Grand Prix – A sponsor of Force India has confirmed that the team have entered administration. According to the team sponsor Rich Energy, an energy drinks company, the team were put into administration on Saturday, despite a 30 million GBP cash injection at the last minute. According to Rich Energy, the injection has not been enough to stave off administration which they attribute to Mercedes, their engine supplier, as well as driver Sergio Perez, Julian Jakobi & BWT. Otmar Szafnauer, speaking at the team press conference on Friday, addressed recent rumours of financial crisis at the team, in light of comments made by Sergio Perez on Thursday: 'Unfortunately, I don’t know...
Full Story »
Full Story »
7y ago from FormulaSpy.com
0
You May Also Be Interested In...
Administration imminent for Force India
Following reports in the German media that Force India was on the verge...
7y ago from Pitpass.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
Mallya: Force India still targeting P4
Hungarian Grand Prix – Force India team principal Vijay Mallya...
7y ago from FormulaSpy.com
Time running out for Force India
Photo by: www.kymillman.com/f1 Last year was a good year for Force India....
7y ago from TheParcFerme.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 riders left amazed by Valentino Rossi's...
No description available...
3h ago from Motorsport.com
Marc Marquez’s remains cautious as recovery...
No description available...
5h ago from Motorsport.com
Cal Crutchlow gets Misano test as potential Johann...
No description available...
10h 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
Santino Ferrucci “wish we had the week off” for...
No description available...
1h ago from Motorsport.com
Winners and losers from the 110th running of the...
No description available...
1d ago from Motorsport.com
Indy 500 purse climbs dramatically, surpassing $30...
Participants in the 110th running of the Indianapolis 500 were awarded a...
1d ago from MotorsportWeek.c...
Romain Grosjean earns Indy 500 biggest mover award...
No description available...
23h ago from Motorsport.com
Popular On TotalWRC.com
Hankook reveals plans for new 2027 WRC tyres, plus...
No description available...
9h 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
CL final predictions: Arsenal can go from nearly-men...
Arsenal face Paris Saint-Germain in the Champions League final and by...
1h 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...
2h ago from TheGuardian.com
Jack Wilshere explains why Arsenal are well placed to...
Former Arsenal star Jack Wilshere explains why Arsenal are well placed to...
2h ago from SportsKeeda.com
Premier League 2025-26 review: the team of the season
no Fernandes, Elliot Anderson and Igor Thiago join a number of Arsenal and...
4h ago from TheGuardian.com
Comments
Hottest News
Red Bull are preparing for life after Max Verstappen and...
Max Verstappen isn't great for morale right now... Read More »
48m ago from GPFans.com
Lewis Hamilton wins over Italian media after superb Ferrari...
Lewis Hamilton's stock has risen, not just with... Read More »
1h ago from GPFans.com
Ex-Ferrari F1 chief delivers acid-tongued verdict on...
Former Ferrari president Luca di Montezemolo has... Read More »
1h ago from MotorsportWeek.com
