News Details
Force India sold to Stroll-led consortium
Sergio Perez The Force India Formula 1 team has been sold to a consortium led by billionaire Lawrence Stroll in a move that has seen all 400 staff keep their jobs. The sale will also ensure all creditors of the team are paid in full, with administrators adding that further capital will be available in coming weeks. Force India was placed into administration on the Friday of the Hungarian Grand Prix after Sergio Perez, engine supplier Mercedes, and sponsor BWT triggered the process in a London court. Perez at the time claimed it was an attempt to save the team, which had otherwise faced a winding up petition that would have spelled the immediate closure of the company. The appointed...
Full Story »
Full Story »
6y ago from SpeedCafe.com
0
You May Also Be Interested In...
Stroll-backed consortium saves Force India
As expected Force India has been saved by a consortium headed by Lance...
6y ago from GrandPrix247.com
Force India saved by consortium led by Stroll
Force India has been bought by a consortium led by Canadian businessman...
6y ago from F1i.com
Stroll led consortium buys Force India
The administrators for Force India have accepted a bid for the team from...
6y ago from Pitpass.com
Force India saved by Stroll-backed consortium
The Sahara Force India F1 Team have been saved from administration...
6y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi “can’t be completely happy”...
No description available...
8h ago from Motorsport.com
Ducati reveals the “simple” change introduced to...
No description available...
10h ago from Motorsport.com
Pedro Acosta: Pecco Bagnaia “a super gentleman”...
No description available...
10h ago from Motorsport.com
Rubbing elbows at 200 mph: See the dramatic dogfight...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt Racing fined $25K, lose championship points...
No description available...
6d ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
6d ago from MotorsportWeek.c...
Detroit GP expected to remain downtown amid potential...
Following the conclusion of the Detroit Grand Prix, organizers have...
3d ago from MotorsportWeek.c...
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
11h ago from Motorsport.com
Redemption for Ogier
One year on from losing victory on the final stage of Rally Italia...
11h ago from MotorsportWeek.c...
Sebastien Ogier takes record-breaking WRC Sardinia...
No description available...
14h ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Manchester United and Arsenal handed boost as striker...
Manchester United and Arsenal have received a boost in their pursuit of...
9h ago from SportsKeeda.com
Martin Zubimendi considering snubbing move to Arsenal...
Real Sociedad star Martin Zubimendi is considering rejecting Arsenal in...
12h ago from SportsKeeda.com
Xabi Alonso to inform Real Madrid veteran that he's no...
Real Madrid manager Xabi Alonso is all set to inform David Alaba that he...
12h ago from SportsKeeda.com
Real Madrid pull plug on potential move for...
Real Madrid have ended their pursuit of VfB Stuttgart midfielder Angelo...
13h ago from SportsKeeda.com
Comments
Hottest News
Horner rumour mill spins again – and it’s not Ferrari
In the wild, unpredictable world of Formula 1,... Read More »
8h ago from F1i.com
'Certain things don't allow me to feel' what Norris wants...
On the back of an up-and-down start to the 2025... Read More »
3h ago from F1Technical.net
F1 Recap: Max Verstappen marriage teased as champion puts...
Max Verstappen’s partner Kelly Piquet has made... Read More »
5h ago from GPFans.com
