News Details
Force India back in credit after paying off all debts
Force India has almost completely paid off its debts which put the team in administration this July, as investor Lawrence Stroll took personal responsibility to get the Pink Panthers back in credit. Racing Point Force India, as they're now called since the takeover in July, was in a crisis then as they went into administration. The team had a lot of debt and hadn't paid its employees for months. An investment group, led by Lance Stroll's father Lawrence, came in and took over the team, getting it out of administration under the condition that 'Racing Point' would be added to the team's name. It's a rule in the F1 that any team that undergoes a name change is stripped from...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
Lawrence Stroll: I’m a guy like any other guy
Lawrence Stroll has spent a fortune on his son's racing career, most...
7y ago from GrandPrix247.com
Stroll pleased his friendship bridge "hasn't...
Lance Stroll looks more and more likely to switch to Force India next and...
7y ago from GPBlog.com
Perez: Force India F1 ‘stuck on standby’ before...
Sergio Perez says it felt like Force India was “stuck on standby”...
7y ago from Crash.net
Ocon and Stroll still friends despite impending Force...
Lance Stroll says he is relieved that the "bridge hasn't burned"...
7y ago from GPFans.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...
1d ago from MotorsportWeek.c...
How Aprilia believes it “overreached our target”...
No description available...
1d ago from Motorsport.com
Pedro Acosta brands 2025 MotoGP season a “wasted...
No description available...
2d 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...
3d ago from MotorsportWeek.c...
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
4d ago from Motorsport.com
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
4d ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Elfyn Evans set for 'all or nothing' attack in WRC...
No description available...
15h ago from Motorsport.com
Sebastien Ogier leads the virtual title chase as...
Friday in Saudi Arabia was the toughest day of the season. The overnight...
17h ago from MotorsportWeek.c...
WRC Saudi Arabia: Elfyn Evans suffers puncture as...
No description available...
23h ago from Motorsport.com
WRC Saudi Arabia: Martins Sesks leads after dramatic,...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
Saturday round-up: Positive Jesus, Arteta on Rice
Morning. A quick Saturday round-up for you. Obviously we'll keep the...
2h ago from Arseblog.com
“Hopefully he brings the same energy” - John Terry...
Premier League Hall of Famer John Terry believes Chelsea defender Marc...
16m ago from SportsKeeda.com
Top reporter confirms Arsenal, Man Utd & Chelsea...
Leading German football journalist Florian Plettenberg has more or less...
2h ago from CaughtOffside.com
“I have dreams”: Attacker openly admits desire to...
Brazilian international Luiz Henrique talks about his desire to play in...
2h ago from CaughtOffside.com
Comments
Hottest News
FIA act after McLaren failure at Qatar Grand Prix
McLaren have avoided punishment for a situation... Read More »
3h ago from GPFans.com
Leclerc lays bare Ferrari’s struggles in Qatar –...
Charles Leclerc cut a frustrated figure under the... Read More »
1h ago from F1i.com
F1 2025 Qatar Grand Prix Sprint Race starting grid with...
The first race of the F1 weekend gets underway... Read More »
3h ago from GPFans.com






























