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Uralkali's Force India takeover case to be heard in 2020
A court case over the sale of the Force India Formula 1 team will be heard in late-2020, it's been confirmed. Russian potash producer Uralkali is suing FRP Advisory LLP's Geoffrey Paul Rowley and Jason Daniel Baker, who acted as administrators to the Force India team last year, after it claims to have submitted a higher bid for the team, but ultimately lost out to a consortium led by Lawrence Stroll, who now controls the outfit under the Racing Point banner. Uralkali, which is partially owned by Formula 2 racer Nikita Mazepin's father, Dmitry, is seeking 'substantial damages' for it claims was a 'flawed sales process which ignored a higher bid for the business'....
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4y ago from MotorsportWeek.com
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