News Details

Rivals teams blocked Force India cash advances

It's well documented that in the old days, Bernie Ecclestone regularly dipped into his sizeable wallet in order to find the cash to tide teams over through difficult periods. Under the sport's new ownership however, where everything has to go through the books and transparency is the name of the game, this is no longer possible. Speaking to Reuters, Force India's chief operating office, Otmar Szafnauer not only denies that, contrary to media reports, Liberty Media did not dig into its own pockets to aid the team, but rival outfits blocked any hope of cash advances at what is traditionally a tough period for the smaller outfits. 'It's no secret we asked for a bit of money up front so that...
Full Story »
6y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Force India Both Disappointed and Encouraged by...

To come away from the Canadian Grand Prix with just two points for a...

Force India forced to take away few positives from...

Force India expected a better result from the Canadian Grand Prix for...
6y ago from GPBlog.com

Force India rubbish collusion conspiracies

Force India have denied colluding with Mercedes after rival teams...
7y ago from PlanetF1.com

FIA rule on Mercedes-Force India 'collusion' claims

Mercedes and Force India have been cleared of colluding to allow Lewis...
7y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Louis Foster gains new sponsor for rest of IndyCar...

Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Popular On TotalWRC.com

Popular On GunnersToday.com

After beating Arsenal to sign Leroy Sane, Galatasaray...

Galatasaray are reportedly interested in signing Djordje Petrovic from...
56m ago from SportsKeeda.com

Talks held: Club working to keep 80m star as Arsenal's...

Arsenal have identified Juventus left winger Kenan Yildiz as an ideal...
2h ago from CaughtOffside.com

Tick tock: Man United and Arsenal to submit their...

Manchester United are reportedly preparing to table a formal bid for...
2h ago from CaughtOffside.com

Arsenal set to battle Tottenham in race to sign...

As per TBR Football, Arsenal are set to rival Tottenham Hotspur in the...
2h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.