News Details
Szafnauer Admits Relief at Seeing Force India Exit Administration after Stroll Consortium Buy-Out
The chief operating officer of the Sahara Force India F1 Team, Otmar Szafnauer, has admitted he is relieved the team has been saved by the Lawrence Stroll-led consortium, particularly as the last two teams that went into administration disappeared from the grid. The Silverstone-based team went into administration ahead of the Hungarian Grand Prix but the administrators at FRP Advisory LLP worked quickly to secure the future of the outfit, with the announcement coming on Tuesday of new owners taking over, led by the father of current Williams Martini Racing driver Lance Stroll. Szafnauer had seen the fate of both the Caterham F1 Team and Marussia F1 Team both going into administration in...
Full Story »
Full Story »
5y ago from TheCheckeredFlag.co.uk
0
You May Also Be Interested In...
Force India: Formula 1 team to come out of...
Formula 1 team Force India has agreed a deal to come out of...
5y ago from BBC.co.uk
BREAKING: Force India come out of administration
Force India have agreed on a deal to avoid bankruptcy and to come out of...
5y ago from GPBlog.com
Force India Updates Depends on Investment from New...
Otmar Szafnauer says his Sahara Force India F1 Team will need investment...
5y ago from TheCheckeredFlag....
Why three teams could cost Force India more than $100m
Force India's fall into administration has been well documented over...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Could Acosta get a Verstappen-like mid-season...
No description available...
3h ago from Motorsport.com
Marquez: Rossi-like Acosta can't be ruled out of...
No description available...
1d ago from Motorsport.com
Quartararo stresses ‘quality over quantity’ with...
No description available...
1d ago from Motorsport.com
Martin believes Bagnaia still ‘the favourite'...
Current MotoGP championship leader Jorge Martin pinpoints Francesco...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Arrow McLaren confirms Pourchaire for Barber...
No description available...
3h ago from Motorsport.com
Pourchaire earns second IndyCar outing with Arrow...
Arrow McLaren announced Tuesday morning that Theo Pourchaire will driver...
3h ago from MotorsportWeek.c...
Pourchaire eager for more IndyCar after “amazing”...
No description available...
22h ago from Motorsport.com
Palou plans to study how Dixon made race-winning fuel...
In IndyCar’s Grand Prix of Long Beach held last Sunday, Scott Dixon took...
21h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
1d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
1d ago from Motorsport.com
Mārtiņš Sesks to drive M-Sport Ford Puma Rally1 in...
Latvia’s Mārtiņš Sesks will benefit from the support of WRC Promoter...
1d ago from MotorsportWeek.c...
Ogier's last-gasp Croatia Rally victory on surprising...
There had been no major incident on WRC Croatia for 17 stages. That...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Barcelona join Arsenal in race to sign Premier League...
No description available...
44m ago from SportsKeeda.com
Arsenal and Manchester United interested in signing...
No description available...
1h ago from SportsKeeda.com
Arsenal to face tough competition from Manchester City...
No description available...
4h ago from SportsKeeda.com
Arsenal 'rekindle interest in Serie A striker after...
Arsenal reportedly reignite their interest in Juventus and Serbia striker...
2h ago from SportsMole.co.uk
Comments
Hottest News
Hamilton car camera captures Verstappen's TRUE feelings...
A touching moment at the Chinese Grand Prix... Read More »
44m ago from GPFans.com
F1 star hits back at Sky pundit with 'boring old man' jibe
Williams driver Alex Albon has had his say after... Read More »
1h ago from GPFans.com
Ferrari goes blue: Miami GP livery to honor North American...
Ferrari has announced plans to unveil a special... Read More »
1h ago from F1i.com