The shocking news broke at the Hungaroring on Friday that the Force India team was put into administration after one of its drivers Sergio Perez took legal action against his own squad. After months of financial instability, the news were actually not surprising. The team was believed to be long fighting for its survival and was not able to put the necessary investments into its car development programme which then in turn saw the team continuously slipping down the pecking order over the last races. Team owner Vijay Mallya was seemingly unimpressed by the legal action triggered by one of his drivers. “Force India Formula One was placed into ‘administration’ today by the court based...
Full Story »