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Force India become Racing Point Force India

Force India are able to compete at the Belgian Grand Prix after being renamed and rejoining Formula 1 as Racing Point Force India. A number of legal issues have prevented a quick takeover from a Lawrence-Stroll led consortium as he required consent from 13 Indian banks, while drinks company Diageo have also filed a lien – the right to keep possession of property until a debt is discharged – that relates to a loan between themselves and Dr Vijay Mallya. But, in the meantime, Stroll purchased all physical assets from Force India in order to go racing, yet the sticking point was the racing license which still belonged to the Force India name. All mention of...
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6y ago from PlanetF1.com 0
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