News Details
Investment 'imminent' says Otmar Szafnauer as Force India nears sale
Force India's chief operating officer Otmar Szafnauer says much needed investment in the team is 'imminent' as it took a step closer to being sold this week. The Silverstone-based team is owned by Indian businessman Vijay Mallya, who is fighting extradition to face the Indian state over the collapse of his Kingfisher airline, which owes the government hundreds of millions dollars. It's likely Mallya will be extradited despite repeated appeals and with the vast majority of his assets already seized, it's beginning to impact the day-to-day running of the Formula 1 team. Documents reveal that on Wednesday, Force India Formula 1 Team Ltd, faced a winding up...
Full Story »
Full Story »
7y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Toto Wolff: Mercedes won't stand in Esteban Ocon's way
Mercedes chief Toto Wolff says the team “wouldn’t stand in...
7y ago from MotorsportWeek.com
Force India 'open' to releasing Ocon
Force India's chief operating officer Otmar Szafnauer says the team would...
7y ago from F1i.com
Germany my 'worst Friday' amid struggles - Stoffel...
Stoffel Vandoorne described German Grand Prix practice as his...
7y ago from MotorsportWeek.com
Daniel Ricciardo sure of avoiding Hungary drop, braced...
Daniel Ricciardo says he is confident he will avoid an engine related...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP’s 2026 pre-season schedule is still up in the...
No description available...
15h ago from Motorsport.com
Pedro Acosta reveals how ‘disaster’ Saturday...
Pedro Acosta revealed “KTM is improving in every race” after taking...
16h ago from MotorsportWeek.c...
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
1d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
10h ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
8h ago from MotorsportWeek.c...
Mother Nature helped, but Christian Rasmussen was the...
No description available...
1d ago from Motorsport.com
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
5d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Concrete negotiations: Arsenal involved in talks to...
According to journalist Florian Plettenberg, Arsenal have stepped up their...
57m ago from CaughtOffside.com
'He needs to liven up' - Rio Ferdinand offers advice...
Manchester United legend Rio Ferdinand has advised Altay Bayindir to liven...
37m ago from SportsKeeda.com
Report: Arsenal make enquiry for 18-year-old attacker...
Arsenal have been linked with the move for the Fluminense attacking...
10h ago from CaughtOffside.com
'He's got ability where you just can't teach it' -...
Arsenal hero Theo Walcott has compared teenager Max Dowman to Barcelona...
16h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton fires firm Ferrari message after recent...
Lewis Hamilton found himself in a bad way before... Read More »
57m ago from RacingNews365.com
F1 News Today: Russell reaches desperation as star driver...
Mercedes F1 driver George Russell is still... Read More »
1h ago from GPFans.com
Stella pinpoints 'the rate of progress' as McLaren's main...
On the back of an utterly dominant showing in the... Read More »
2h ago from F1Technical.net
