News Details

Forza Rossa yet to lodge $20m F1 bond

Colin Kolles' new formula one team still has a high 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 F1's governing body. But PA Sport correspondent Ian Parkes explained on Tuesday: "They (Forza Rossa) have yet to lodge the required bond guarantee of $20m." He said the team has until June 23 to lodge the bond. Nonetheless, it appears that Kolles' plans are well...
Full Story »
11mo ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Forza Rossa yet to lodge $20 million F1 guarantee

xt">Colin Kolles Colin Kolles' new Formula 1 team still has a...
11mo ago from GrandPrix247.com

Forza Rossa gets F1 entry - reports

– Forza Rossa has been given the okay to join the Formula 1 field...
11mo ago from GPUpdate.net

FIA set to approve Forza Rossa F1 entry

Formula 1 looks set to have a twelfth team on the Formula 1 grid in 2015,...
11mo 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...
11mo ago from TheF1Times.com

Elsewhere On The Network

Popular On MotoGPToday.com

I can be my own worst enemy - Lorenzo

The Yamaha rider began the season in indifferent fashion, failing to get...
28m ago from SuperSport.com

Lorenzo: My first enemy is myself

Jorge Lorenzo admits that the biggest obstacle standing between him and a...
14h ago from Motorsport.com

Ducati to test in Spain as they look for more grip

With Ducati having skipped the post Jerez test the Italian team will...
20h ago from MotorcycleNews.c...

Bautista pleased with Aprilia seamless

Alvaro Bautista gave Aprilia's new seamless gearbox its first public...
18h ago from MotorcycleNews.c...

Popular On IndyCarToday.com

Shortened Monaco track good for fans, says Di Grassi

Lucas di Grassi believes that the shortened version of Monaco in use for...
18h ago from Motorsport.com

De Silvestro seals IndyCar return with Andretti

– Simona de Silvestro will return to IndyCar with Andretti...
21h ago from GPUpdate.net

IndyCar: Series mandates new aero kit component

Related Stories Related Stories IndyCar IndyCar: Ganassi team reveals new...
13h ago from Racer.com

IndyCar: Series set to introduce LED position lights

After testing a LED car position system during Spring Training in March...
1d ago from Racer.com

Popular On TotalWRC.com

The Rising Star of Daniel McKenna

The opening round of the 2015 FIA Junior World Rally Championship, Rallye...
18h ago from TheCheckeredFlag...

Endurance to the fore in Sardinia

Italy’s round features longest leg in modern day WRC
15h ago from WRC.com

RX: Guy Wilks joins JRM Racing for Lydden Hill

Two-time British Rally champion Guy Wilks is set to enter the British...
18h ago from Crash.net

Prokop's race against time for Portugal car

Developed by M-Sport, the new car will make its eagerly anticipated debut...
18h ago from WRC.com

Popular On GunnersToday.com

Arsenal and Southampton defensive target tipped for...

Arsenal and Southampton will have to pay over £8million if they are to...
58m ago from FootballFancast....

Premier League's 5 highest penalty scorers this term,...

There are some top class penalty takers in the Premier League this season,...
1h ago from CaughtOffside.com

Arsenal consider £30m summer move for Germany winger

Arsenal are considering a move for Schalke star Julian Draxler, who is...

Arsenal set to make move for 25-goal Porto star

Arsenal have been given a boost in their chase for Jackson Martinez after...

Comments

comments powered by Disqus

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.