Harika wrote: » Force India is now in administration.
Prisoner 6753 wrote: » Is this something that can be done tactically? As in put it into administration and someone swoops in and buys it all on the cheap as a going concern?
Harika wrote: » Force India is now in administration.https://twitter.com/rich_energy/status/1022922604125073408?s=20
skipper_G wrote: » This is the tweet from the energy drink brand that is run out of yer man's house. And that would be the energy drink brand that no one has ever seen in a shop. It smacks of free publicity, has done from the first day that guy tweeted about the team and still does now. He's got amazing brand recognition for the price of a tweet and a ream of printer paper. Having said all that administration is inevitable, but the word is it's a sort of planned one with buyers lined up and the team will be sold as a going concern thus avoiding folding and losing their prize money entitlements. Fingers crossed that last bit is accurate
Harika wrote: » Timing is suspicious as why would it be done Friday evening? Guess because courts are not working on weekends and that ensures two more days to work on the deal. Even then there are four weeks till the next race. And the energy drink was talking of buying force India now it is a 30 million last minute sponsorship deal.
Harika wrote: » Checo is indeed behind the administration:https://www.racefans.net/2018/07/27/perez-behind-legal-proceedings-to-close-force-india-over-4m-debt/ and here the mazepin story: https://www.racefans.net/2018/07/27/gp3-driver-mazepin-billionaire-father-linked-force-india-f1-buy-in/ Checos media session was cancelled today, wondering if he will continue driving for them now. Mazepin has no super license, his points are from being second in the FIA karting championship in 2014 ...
rameire wrote: » Force India to be renamed Jordan F1 for the next Race.
vectra wrote: » You did say it would be the same as driving behind any car that has high downforce.??
Prisoner 6753 wrote: » This post has been deleted.
Harika wrote: » In all fairness, it is good stuff so should be payed for. Also: Chase Casey was running around to gather signatures that the new owners of ForceIndia will keep the 50 Million Euro price money as established team and not count as new team. Renault, McLaren and Williams denied that signature, what makes the rescue of FI more difficult. German Source No Info why McLaren and Williams are doing that, Renault is concerned that the sport is controlled by the B and C teams of Mercedes and Ferrari.