News Details

Wolff: Buyers with deep pockets interested in Force India

Although times are dire for Force India right now, according to Mercedes team chief Toto Wolff there is light at the end of the tunnel for the team as a host of potential buyers have stepped up to save the beleaguered Silverstone based Formula 1 team. Sergio Perez explained in a special letter why he initiated legal proceedings against the team which triggered administration for the team co-owned by underfire business tycoon Vijay Mallya, Michael Mol and Subrata Roy. Team COO Otmar Szafnauer acknowledged that times are dire, but Wolff revealed to reporters in Hungary that the bad times should be over soon, 'First of all, full credit must be given to Vijay for ten years or so of funding the...
Full Story »
7y ago from GrandPrix247.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: I've done this to save the team

Sergio Perez insists it wasn't money but rather his desire to 'save'...
7y ago from PlanetF1.com

Perez: I was asked to save Force India with legal...

Sergio Perez has revealed he was asked to help "save" Force...
7y ago from Crash.net

Stroll set to take over bankrupt Force India

Lance Stroll's billionaire father Lawrence Stroll has reportedly struck a...
7y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Jack Miller: Yamaha are ‘busting their arses' on...

Pramac rider Jack Miller has seen first-hand the efforts of Yamaha on its...
39m ago from MotorsportWeek.c...

‘Super talented’ MotoGP rookie Diogo Moreira...

Pedro Acosta believes “super talented” rookie Diogo Moreira has the...

Popular On IndyCarToday.com

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arteta to change Arsenal star's position to...

Arsenal manager Mikel Arteta could reportedly change Myles Lewis-Skelly's...
1h ago from CaughtOffside.com

Report: Arsenal contact club over signing wonderkid...

Arsenal have reportedly been in contact with Brazilian club Corinthians to...
1h ago from CaughtOffside.com

Deal blocked: Arsenal won't sell star this January...

Arsenal are reportedly not prepared to sell defender Ben White in this...
2h ago from CaughtOffside.com

Comments

Hottest News

Which team has the best F1 line-up in 2026? Part 2

F1 teams will be heavily relying on their drivers... Read More »
49m ago from RacingNews365.com

Cadillac unveil special-edition livery ahead of F1 debut

Cadillac is determined to make a splash in the F1... Read More »
29m ago from RacingNews365.com

The lonely life of an aspiring F1 star

F1 star Sergio Perez has recalled the lonely path... Read More »
29m ago from GPFans.com

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.