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Force India through cash flow crisis as buyers loom
Force India’s slow start to the Formula 1 season can partly be blamed on rivals blocking the cash advances that have helped the team through the winter in the past, according to chief operating officer Otmar Szafnauer. The Silverstone-based team have finished fourth for the past two years but took only a point from the season’s first three races before Mexican Sergio Perez finished a lucky third in Azerbaijan. Currently sixth, they are co-owned by one-time billionaire Vijay Mallya whom India is seeking to extradite to face charges of fraud and who remains team principal despite recently stepping down as a director. Cashflow has been a problem in the past for the team, whose budget...
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