News Details
Currency issues hit Force India's financial results
Force India enjoyed an increase in revenue for the 2016 a calendar year but an increase in its losses , mainly due to "currency fluctuations". The Silverstone-based outfit's recently filed accounts for 2016 showed the team generated revenue of £77.1m, up from £64.2m in 2015. Force India's losses however increased from £6.8m to £11.6m, and justified the change by "an increase of £5.7m charged to the accounts due as a result of currency fluctuations to both EUR and USD related suppliers/creditors during the year and balances outstanding at the end of the year." Force India's Fernley deplores lack of action by Liberty The filed 2016 accounts also revealed that a...
Full Story »
Full Story »
You May Also Be Interested In...
Force India losses increased in 2016 despite bigger...
The Force India F1 team earned increased income in 2016 but made a bigger...
8y ago from Motorsport.com
Perez signs new one-year Force India deal
Sergio Perez has ended speculation surrounding his future by putting pen...
8y ago from PlanetF1.com
Force India officially confirmed: Perez and Ocon for...
class="left relative"> 0
SHARES FacebookTwitterSubscribe...
8y ago from ThisIsF1.com
Perez signs Force India extension
Sergio Perez has signed a new one-year contract with Force India to remain...
8y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Why MotoGP hails 2025 season as a...
MotoGP promoter Dorna Sports has described the conclusion of the 2025...
1d ago from MotorsportWeek.c...
Honda wouldn’t even be in top 10 without mid-year...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
12h ago from MotorsportWeek.c...
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1d ago from Motorsport.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
2d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
17h ago from MotorsportWeek.c...
Romet Jürgenson to compete in opening three WRC2...
The rising Estonian talent is joined by co-driver Siim Oja and start...
17h ago from MotorsportWeek.c...
Toyota brings Corolla back to rallying with all-new...
No description available...
1d ago from Motorsport.com
Gregoire Munster to contest Dakar Rally and WRC Monte...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“Does not deserve to start”, “Just isn’t the...
Martin Odegaard has found himself at the center of criticism from Arsenal...
2h ago from SportsKeeda.com
Arsenal land Christmas No 1! Arteta has ‘belief and...
Arsenal manager Mikel Arteta insisted being top at Christmas again gave...
2h ago from SkySports.com
Viktor Gyökores holds nerve to sink Everton and keep...
;/p>Mikel Arteta can toast his sixth anniversary as Arsenal manager...
3h ago from TheGuardian.com
Premier League news: Guardiola dismisses exit talk and...
No description available...
3h ago from TheGuardian.com
Comments
Hottest News
F1: Mercedes and Red Bull power units under scrutiny
Barely has the current season ended than two... Read More »
10h ago from Pitpass.com
The F1 legend that got 'told off' over Top Gear appearance
One F1 legend's Top Gear appearance didn't go to... Read More »
4h ago from GPFans.com
Daniel Ricciardo's issues 'important announcement' for new...
Former F1 driver Daniel Ricciardo has announced... Read More »
6h ago from GPFans.com
