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Stroll led consortium buys Force India
The administrators for Force India have accepted a bid for the team from a consortium led by Lawrence Stroll, billionaire father of Williams driver Lance Stroll. FRP Advisory confirms that all jobs at the Silverstone-based outfit have been saved, that all creditors will be paid in full and money will be available immediately as the team strives to defend its fourth-place in the team standings it has held for the last two seasons. 'This outcome secures the future of the Force India team in Formula 1 and will allow our team of racers to compete to our full potential,' said Otmar Szafnauer is a statement tonight. 'I am delighted that we have the support of a consortium of investors who...
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7y ago from Pitpass.com
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