News Details
Forza Rossa yet to lodge $20 million F1 guarantee
xt">Colin Kolles
Colin Kolles' new Formula 1 team still has a substantial hurdle to clear before it can join the grid.
Media reports this week have claimed that – like the prospective 2016 outfit Haas Formula – the Ferrari-linked, Romanian-backed ‘Forza Rossa' has also obtained the FIA's approval to enter the sport within the next two years.
It is believed Kolles, the former HRT and Force India chief, has received a ‘letter of intent' from Formula 1′s governing body.
But PA Sport correspondent Ian Parkes explained on Tuesday: 'They (Forza Rossa) have yet to lodge the required bond guarantee of $20 million.'
He said the team has until June 23 to lodge...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
FIA set to approve Forza Rossa F1 entry
Formula 1 looks set to have a twelfth team on the Formula 1 grid in 2015,...
11y ago from GrandPrix247.com
Haas: F1 project taking longer to accomplish than we...
Gene Haas
Although approved by the FIA to enter Formula 1 in 2015, it is...
11y ago from GrandPrix247.com
Forza Rossa awarded 2015 grid slot - report
Whilst Gene Haas's project has been put back to 2016 due to his team...
11y ago from TheF1Times.com
Romanian F1 team given green light?
According to unconfirmed reports the FIA has approved an entry in the...
11y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
What we know about Ducati’s Balaton Park test ahead...
No description available...
52m ago from Motorsport.com
Marc Marquez aims to ‘mentally defeat’ rivals, not...
No description available...
1d ago from Motorsport.com
Liberty Media can’t follow its F1 play to boost...
No description available...
1d ago from Motorsport.com
Johann Zarco spends MotoGP summer break winning Suzuka...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou claims FOX’s investment will be...
No description available...
15h ago from Motorsport.com
How Palou can clinch his fourth IndyCar championship...
Alex Palou is the man of the moment in IndyCar, and currently holds a 121...
18h ago from MotorsportWeek.c...
FOX Corporation acquires one-third stake in IndyCar...
No description available...
5d ago from Motorsport.com
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
1d ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
2d ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
2d ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera takes historic home...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'We just don’t know until it happens' - Paul Scholes...
Manchester United legend Paul Scholes has cast doubts on Arsenal's signing...
52m ago from SportsKeeda.com
'A lot of frustration' at Arsenal following transfer...
Arsenal have reportedly been left frustrated by the transfer deal taking...
22m ago from CaughtOffside.com
'It was more for them that I persevered' - Chelsea new...
New Chelsea signing Willian Estevao has stated that his biggest motivation...
2h ago from SportsKeeda.com
Arsenal in action this evening + Gyokeres, Madueke,...
Morning. There's Arsenal action this evening as we take on Villarreal at...
4h ago from Arseblog.com
Comments
Hottest News
Breaking: Alpine deliver Franco Colapinto medical update...
Franco Colapinto is driving today for Alpine in... Read More »
1h ago from RacingNews365.com
Franco Colapinto suffers Alpine crash in Pirelli 2026 F1...
Alpine driver Franco Colapinto has suffered a... Read More »
1h ago from MotorsportWeek.com
Perez now linked with Alpine as pressure grows
Aug.6 Flavio Briatore is seriously eyeing... Read More »
2h ago from OneStopStrategy.com