News Details
Uralkali's Force India case heads to court
Uralkali, who tried but failed to buy Force India last year, will face the F1 team's administrators in court in 2020. Uralkali, a Russian chemical company company owned by Dmitry Mazepin, was keen on buying the Force India team when it was placed into administration last July. However, instead a consortium led by Lawrence Stroll took over the F1 team, rebranding it Racing Point. Uralkali cried foul, blaming administrators FRP Advisory LLP and threatening legal action. That is now going ahead with Uralkali revealing the matter will go to trial in late 2020 with the company seeking 'substantial damages' after losing out to a 'lower bidder' in what they feel was a 'flawed sales process'. A...
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4y ago from PlanetF1.com
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