News Details

Perez: I've done this to save the team

Sergio Perez insists it wasn't money but rather his desire to 'save' Force India that was behind his decision to force the team into administration. Earlier this week it was announced that Force India had gone in administration after failing to pay debts, including one of £3 million owed to Perez. Team boss Vijay Mallya told staff that Perez was behind the legal proceedings. 'Force India Formula One was placed into ‘administration’ today by the court based on a petition filed by none other than our driver Sergio Perez,” he said in a letter to Force India's personnel. 'Surprisingly BWT jumped in and claimed that their sponsorship amounts were loans which is...
Full Story »
7y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Perez: I acted to save Force India and secure their...

Sergio Perez said on Saturday he sent the Force India team he drives for...
7y ago from GrandPrix247.com

Perez petition leaves Force India in administration -...

The Force India Formula 1 team has been placed into administration, but...
7y ago from GPFans.com

Perez and creditors drive Force India into...

Force India deputy team principal Bob Fernley has confirmed that the F1...
7y ago from F1i.com

Sahara Force India F1 Team Forced Into Administration...

Sahara Force India Formula One Team were put into administration...

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Katherine Legge confirmed for Indy 500 with AJ Foyt

AJ Foyt Racing has announced that it will field a third entry in this...
20h ago from MotorsportWeek.c...

IndyCar to limit entries to those holding a charter

The NTT IndyCar Series has confirmed that future races will be limited to...

Popular On TotalWRC.com

Oliver Solberg crashes out of Rally Islas Canarias

Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...

Sebastien Ogier dominates Rally Islas Canarias

Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...

Popular On GunnersToday.com

Arsenal receive Kai Havertz injury update ahead of...

Arsenal star Kai Havertz is unlikely to recover in time to make the...
1h ago from SportsKeeda.com

Ballon d'Or 2026: Ranking the top 10 favourites -...

The favourites for the 2026 Ballon d'Or award are starting to become clear...
24m ago from SportsKeeda.com

Jamie Carragher names the major issue he's spotted...

Jamie Carragher said the major issue Arsenal have been dealing with...
1h ago from SportsKeeda.com

Atletico Madrid vs Arsenal Prediction and Betting Tips...

Atletico Madrid and Arsenal will trade tackles in the highly anticipated...
3h 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.