News Details

Force India admits race for F1 survival

Force India is in a race for mere survival, its deputy boss Bob Fernley has admitted. Amid owner and boss Vijay Mallya's ever deepening legal troubles, his deputy Fernley has revealed he is scrambling to put together the team's 2018 budget. 'The next four weeks will decide if we will survive,' Germany's Auto Bild quotes him as saying. 'I will have to raise a lot of money in a short amount of time.' Previously, Force India has been given a helping hand by getting an advance on its official F1 income. Fernley said: 'For that we always need the approval of the other teams, and this time Williams has put in the veto. 'I have a plan that could work in the next two to three weeks,' he added.
Full Story »
7y ago from ThisIsF1.com 0
Share

You May Also Be Interested In...

Force India will remain Force India for now

Force India won't change their name this season after shareholders failed...
7y ago from PlanetF1.com

Force India admits race for F1 survival

Mar.28 Force India is in a race for mere survival, its deputy boss Bob...
7y ago from OneStopStrategy.com

Fernley: Williams vetoed our request for money advance

Apparently, the competition between Formula 1 teams is as tough off-track...
7y ago from GrandPrix247.com

Williams vetoes prize money advance to Force India

Force India deputy team principal Bob Fernley is working overtime to...
7y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Francesco Bagnaia explains ‘weak point' that...

Factory Ducati rider Francesco Bagania explained his "weak...

Yamaha officially begins testing of V4 MotoGP engine

Yamaha technical director Max Bartolini has confirmed the MotoGP factory...

Toprak Razgatlioglu has ‘opportunities' in...

Kenan Sofuoglu has revealed that Toprak Razgatlioglu has riding...

Popular On IndyCarToday.com

Arrow McLaren unveils new themed liveries for Indy 500

Arrow McLaren has unveiled a trio of special liveries for the upcoming...
11h ago from MotorsportWeek.c...

IndyCar outlines replacement driver rules for Indy 500

The NTT IndyCar Series has released updated guidelines that will be...

Popular On TotalWRC.com

Popular On GunnersToday.com

“If Mikel Arteta saw him, he’d go, ‘That’s my...

Former Bayern Munich star Owen Hargreaves has urged Arsenal to sign...
51m ago from SportsKeeda.com

Monday night comedy as Champions League race hots up

Good morning. I enjoyed some Monday night football last night. I don't...
51m ago from Arseblog.com

Exclusive: Arsenal and Liverpool want to sign 28-G/A...

Florian Wirtz continues to attract the interest of the biggest clubs in...
1h ago from CaughtOffside.com

Arsenal add English striker to shortlist after a...

Signing a striker in the summer transfer window is a priority for Arsenal....
1h ago from CaughtOffside.com

Comments

Hottest News

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.