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 »
Full Story »
7y ago from PlanetF1.com
0
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...
7y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir fears early silly season could leave MotoGP...
No description available...
14h ago from Motorsport.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
1d ago from MotorsportWeek.c...
Ducati: Resurgent Francesco Bagnaia back to his...
No description available...
1d ago from Motorsport.com
Why Toprak Razgatlioglu is slower than he expected
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Sebring test: Marcus Armstrong leads Day 2,...
No description available...
4h ago from Motorsport.com
Josef Newgarden views 2026 as a ‘hard reset’ after...
Josef Newgarden is coming off one of his toughest years in IndyCar,...
6h ago from MotorsportWeek.c...
Scott Dixon to be inducted into IMS Hall of Fame
The Indianapolis Motor Speedway Museum has announced today that IndyCar...
12h ago from MotorsportWeek.c...
Jacob Abel prioritizing IMSA effort but still desires...
No description available...
12h ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg keeping feet on the ground ahead of...
No description available...
16h ago from Motorsport.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
5d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Liverpool eye midfield fix with £100m Arsenal and Man...
Newcastle United midfielder Sandro Tonali has been linked with a move away...
12h ago from CaughtOffside.com
Euro giants line up move for Arsenal star amid...
AC Milan are already planning for a significant overhaul of their...
14h ago from CaughtOffside.com
Chelsea ‘advancing' in talks to sign striker who...
Chelsea are stepping up their pursuit of Julián Álvarez, with fresh...
22h ago from CaughtOffside.com
Man United & Arsenal target is interested in a...
Sandro Tonali’s future is attracting attention ahead of the summer...
22h ago from CaughtOffside.com
Comments
Hottest News
F1 2026 Bahrain Testing: Driver lineups now confirmed for...
The first round of official pre-season testing... Read More »
7h ago from GPFans.com
F1 fans slam Aston Martin launch as 'embarrassment' and...
Aston Martin F1 fans who believe in dire... Read More »
16h ago from GPFans.com
F1TECH: Why Mercedes’ Hywel Thomas claims the sport faces...
Formula 1 is preparing for the most dramatic... Read More »
3h ago from F1Technical.net
