News Details
Rivals blocked Liberty Media's loan to Force India
Force India's chief operating officer, Otmar Szafnauer has admitted that its request for a loan from Liberty Media was blocked earlier this year by their rivals. Force India were having some financial troubles earlier this year and needed any help they could get. "It's no secret we asked for a bit of money up front so that gets us through the winter," Szafnauer told Reuters. "This year that money wasn't forthcoming because I think some of the teams said 'you can't do that', and blocked it. "It put a bit of financial strain on us over the winter. "If you have 10 million extra in November and December, then you can build the car parts. If you don't, you...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
Rival teams 'blocked Liberty cash aid' to Force India
Force India's chief operating officer Otmar Szafnauer has revealed that...
7y ago from F1i.com
Rivals teams blocked Force India cash advances
It's well documented that in the old days, Bernie Ecclestone regularly...
7y ago from Pitpass.com
Liberty Media gives loan to Force India - report
Jun.14 Force India, the leading independent F1 team, is struggling for...
7y ago from OneStopStrategy.com
Spa signs new three-year extension with Liberty
Spa will continue to host the Belgian Grand Prix through to the end of...
7y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
How Jorge Lorenzo is pushing Maverick Vinales beyond...
No description available...
4h ago from Motorsport.com
Ducati will continue racing its unbeatable 2024 engine...
No description available...
1d ago from Motorsport.com
Can Johann Zarco match factory Honda duo Joan Mir and...
No description available...
1d ago from Motorsport.com
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
2d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
2d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
2d ago from Motorsport.com
Mick Schumacher reveals what has surprised him the...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
3h ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
5h ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
6h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal outclass and overwhelm Wigan in dominant FA...
Arsenal dispatched Wigan with ease to progress into the fifth round of the...
26m ago from SkySports.com
Arsenal v Wigan Athletic: FA Cup fourth round – live
FA Cup news from the 4.30pm GMT kick-off in London<br>⚽ <a...
3h ago from TheGuardian.com
'Cracking save to make up for the mistake' | Raya...
David Raya made a poor throw out to Mathias Jensen which caused immediate...
3h ago from SkySports.com
Comments
Hottest News
Red Bull confirm problem with 2026 F1 car
The Red Bull RB22, like many of its rivals, has... Read More »
1h ago from RacingNews365.com
Mercedes accused of 'hiding' at F1 testing
Ferrari star Charles Leclerc has warned fans and... Read More »
56m ago from GPFans.com
F1 2026 Regulations: What are the new mirror hazard lights?
In 2026 the new F1 regulations mean you'll be... Read More »
2h ago from GPFans.com
