News Details

Perez: Force India F1 financial situation 'critical'

Sergio Perez says Force India is currently in a "critical" financial situation amid speculation of a possible takeover or arrival of new investors, leaving him eager to get a clearer picture of its future prospects before deciding on his own Formula 1 plans for 2019. Force India has been forced to hold back updates through 2018 due to financial limitations and is understood to have an outstanding debt to engine supplier Mercedes, leading to concerns about its future. While Force India owner Vijay Mallya said earlier this month the team's situation is no different than at this time in previous years, there is speculation it could enter administration in the near future, while...
Full Story »
7y ago from Crash.net 0
Share

You May Also Be Interested In...

Mallya: Force India still targeting P4

Hungarian Grand Prix – Force India team principal Vijay Mallya...
7y ago from FormulaSpy.com

'Crazy afternoon' delivers bag of points to Force India

From start to finish, there was no respite on Sunday for Force India's...
7y ago from F1i.com

Joe Blogs F1: Financial instruments and Force India

So a German publication is reporting that Lawrence Stroll has bought...
7y ago from MotorsportWeek.com

Perez pleased after "crazy afternoon"

Sergio Perez is pleased with his own personal efforts in yesterday's...
7y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Chip Ganassi Racing lands new sponsor for Kyffin...

Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...

IndyCar announces independent officiating system

The NTT IndyCar Series announced on Thursday that it will implement a new...

Popular On TotalWRC.com

Yohan Rossel and Nikolay Gryazin spearhead Lancia’s...

Team Lancia Corse HF has announced the 2025 WRC2 championship runners-up...
23h ago from MotorsportWeek.c...

Popular On GunnersToday.com

AC Milan plotting January move for Arsenal star who...

AC Milan have reportedly made Gabriel Jesus their top attacking target for...
1h ago from CaughtOffside.com

It's fine to to win and be annoyed

Morning all. It's the start of a new week, and now that the dust has...
2h ago from Arseblog.com

Arsenal dealt blow as Mikel Arteta confirms injury to...

Arsenal manager Mikel Arteta has revealed that Ben White has suffered...
22h ago from SportsKeeda.com

Comments

Hottest News

Max Verstappen F1 shop CLOSING

The popular Max Verstappen shop in Swalmen in the... Read More »
49m ago from GPFans.com

Helmut Marko calls Christian Horner a LIAR and it's 'why he...

Former Red Bull F1 advisor Helmut Marko has said... Read More »
1h ago from GPFans.com

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.