Authorization

Hungarian Grand Prix: Force India put into administration by High Court

[img]https://ichef.bbci.co.uk/onesport/cps/480/cpsprodpb/EC2E/production/_102726406_forceindia_rex.jpg" srcset="https://ichef.bbci.co.uk/onesport/cps/240/cpsprodpb/EC2E/production/_102726406_forceindia_rex.jpg 240w, https://ichef.bbci.co.uk/onesport/cps/320/cpsprodpb/EC2E/production/_102726406_forceindia_rex.jpg 320w, https://ichef.bbci.co.uk/onesport/cps/480/cpsprodpb/EC2E/production/_102726406_forceindia_rex.jpg 480w, https://ichef.bbci.co.uk/onesport/cps/624/cpsprodpb/EC2E/production/_102726406_forceindia_rex.jpg 624w, https://ichef.bbci.co.uk/onesport/cps/800/cpsprodpb/EC2E/production/_102726406_forceindia_rex.jpg 800w" sizes="(min-width: 900px) 50vw, (min-width: 600px) 70vw, 100vw" alt="Force India's Esteban Ocon" class="">
Force India driver Esteban Ocon is on the verge of securing a move to RenaultForce India have gone into administration before a possible takeover.Deputy team principal Bob Fernley confirmed to BBC Sport that the High Court in London had appointed an administrator. No further information about the future of the team has been released at this stage.
Earlier on Friday, Force India admitted they faced a "critical period" as financial problems threatened the team.At least three potential buyers are said to be in the wings considering a purchase of the Silverstone-based outfit.Chief operating officer Otmar Szafnauer said on Friday that he believed fresh investment in the team was "imminent".Force India's problems arise from the legal issues of co-owner Vijay Mallya, who is fighting extradition to India on fraud charges, which he denies.Szafnauer added that he believed that if the team went into administration it would come out of it and survive.
'Even Hamilton would not improve Williams'
Vettel tops practice with Hamilton fifth
Chequered Flag podcast: Hungarian GP preview
Who will star at Hungaroring before mid-season break[/img]
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Декабрь 2018    »
ПнВтСрЧтПтСбВс
 12
3456789
10111213141516
17181920212223
24252627282930
31