News Details
Stroll leads Force India rescue deal
Aug.8 Force India has been rescued by a consortium led by Lawrence Stroll, the billionaire father of Williams driver Lance Stroll. Canadian media including the Montreal Gazette, TSN, QMI Agency and others report that the consortium has reached a definite deal with the Silverstone based team's administrators. La Presse Canadienne claims that Force India will now "exit creditor protection, pay its creditors" and secure the future of the team's 405 employees. "The team will continue its activities starting with the Belgian grand prix at the end of the month," the report said. It is claimed Andre Desmarais, CEO of the Canadian conglomerate Power Corporation, is heavily...
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5y ago from OneStopStrategy.com
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