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 »
2y 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...
2y ago from GrandPrix247.com

Forza Rossa gets F1 entry - reports

– Forza Rossa has been given the okay to join the Formula 1 field...
2y 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,...
2y 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...
2y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP: Honda rumoured to be experimenting with big...

While most of the MotoGP paddock headed home to take a few days’...

Crutchlow: Ducati needs Marquez, not Lorenzo, to be...

Former Ducati factory rider Cal Crutchlow says the Italian marque should...
2d ago from Motorsport.com

Lorenzo could be in trouble - Crutchlow

Cal Crutchlow believes that Jorge Lorenzo is showing signs of being...
2d ago from SuperSport.com

Analysis: Why Honda's rise should make Yamaha worried

With Marc Marquez now on the brink of a third MotoGP title, Yamaha must...
2d ago from Motorsport.com

Popular On IndyCarToday.com

INDYCAR: Rossi re-signs with Andretti

On on the heels of the official news that Bryan Herta will again be part...
6h ago from Racer.com

Michael Andretti extends deal with Bryan Herta

Andretti Autosport has announced it will continue its partnership with...
18h ago from Motorsport.com

Bryan Herta/Andretti renew partnership

– Bryan Herta Autosport and Andretti Autosport have confirmed that...
16h ago from GPUpdate.net

De Silvestro: Single-seat sponsor search...

Simona de Silvestro says the lure of a three-year deal is what led to her...
1d ago from Motorsport.com

Popular On TotalWRC.com

Latvala edges Mikkelsen for third after Day 1 at Tour...

Jari-Matti Latvala edges his Volkswagen team-mate Andreas Mikkelsen for...

SS5: Meeke breaks Ogier's winning run

Mikkelsen relegates Latvala and climbs to third
1h ago from WRC.com

Paddon still in top-five mix after Day 1 in Corsica

Hayden Paddon had an inconsistent opening day for Hyundai at the 2016...

Late puncture leaves Sordo ninth after Day 1 in Corsica

Dani Sordo finished Day 1 of the 2016 Tour de Corse – Rallye de France...

Popular On GunnersToday.com

Xhaka: Don't expect goals like that every week

Granit Xhaka's first two goals for Arsenal, 30 yard rockets within days of...
1h ago from News.ArseBlog.com

Arsenal legend Martin Keown makes shock prediction...

GETTY THE BOSS: Arsene Wenger managed Martin Keown during his time at...
6h ago from DailyStar.co.uk

Arsenal ace: Why I'm glad I moved to the Emirates

The Switzerland international completed a £34m move from Borussia...
6h ago from Express.co.uk

Arsenal want Bundesliga ace to replace Ozil... but why...

According to TransferMarketWeb.com Arsenal are interested in signing...

Comments

Hottest News

Hamilton breaks Sepang record to claim pole

Lewis Hamilton has beaten the all-time lap record... Read More »
44m ago from F1Hub.net

Qualifying Full Results – 2016 Malaysian GP

Full Qualifying Results for round 16 of the 2016... Read More »
1h ago from ThisIsF1.com

Verstappen all clear following garage collapse

Verstappen keeled over at the back of his pit... Read More »
4h ago from Motorsport.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.