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...
Full Story »
11mo ago from OneStopStrategy.com 0
Share

You May Also Be Interested In...

Stroll-backed consortium saves Force India

As expected Force India has been saved by a consortium headed by Lance...
11mo ago from GrandPrix247.com

Force India saved by consortium led by Stroll

Force India has been bought by a consortium led by Canadian businessman...
11mo ago from F1i.com

Stroll led consortium buys Force India

The administrators for Force India have accepted a bid for the team from...
11mo ago from Pitpass.com

Force India sold to Stroll-led consortium

Sergio Perez The Force India Formula 1 team has been sold to a consortium...
11mo ago from SpeedCafe.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP title already decided, Andrea Dovizioso has...

LCR Honda rider Cal Crutchlow reckons the 2019 MotoGP Championship has...
21h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

2019 IndyCar Iowa 300 schedule

No description available...
19h ago from Motorsport.com

Watch: 2019 Honda Indy Toronto - Race Highlights

Team Penske's Simon Pagenaud would lead the field away with reigning...
22h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Evans Forced to Miss Rally Finland, Greensmith to Step...

Elfyn Evans will miss Rally Finland after a heavy landing during last...

Elfyn Evans ruled out of Rally Finland through injury

M-Sport's Elfyn Evans has been ruled out of taking part in...

A Little Bonus WRC All Live This Weekend!

This might not be news to some of you, but it certainly was news to me....

Popular On GunnersToday.com

Fantasy Premier League tips: 10 FPL position changes...

FANTASY PREMIER LEAGUE managers are always on the lookout for an advantage...
4h ago from Express.co.uk

adidas reinvigorates Gunners pride with retro Arsenal...

Arsenal and adidas are back together after 25 years and have unveiled...
2h ago from SportsKeeda.com

The four deals Arsenal are most likely to complete...

ARSENAL boss Unai Emery is still expected to complete several signings...
3h ago from DailyStar.co.uk

Why Manchester United could play big role in...

WILFRIED ZAHA wants to join Arsenal to prove he can perform at a top club,...
5h ago from Express.co.uk

Comments

Advertisements

Hottest News

Advertisements

Recent News

Advertisements

Advertisements

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.