Connect with us

2018 F1

Force India admits race for F1 survival

Published

on

  • 1
    Share

Force India is in a race for mere survival, its deputy boss Bob Fernley has admitted.

Amid owner and boss Vijay Mallya’s ever deepening legal troubles, his deputy Fernley has revealed he is scrambling to put together the team’s 2018 budget.

“The next four weeks will decide if we will survive,” Germany’s Auto Bild quotes him as saying.

“I will have to raise a lot of money in a short amount of time.”

Previously, Force India has been given a helping hand by getting an advance on its official F1 income.

Fernley said: “For that we always need the approval of the other teams, and this time Williams has put in the veto.

“I have a plan that could work in the next two to three weeks,” he added.

Loading...

Comments

Latest F1 News

Latest F1 News

2019 F12 months ago

Vettel ‘has no future at Ferrari anymore’ – Red Bull boss

1ShareSebastian Vettel has “no future at Ferrari”, according to his former boss Dr Helmut Marko. Despite having arguably the fastest...

2019 F12 months ago

Leclerc girlfriend reveals Ferrari’s F1 star ended relationship with her

1ShareCharles Leclerc’s former girlfriend has revealed that the Ferrari driver “left me” in order to focus on his Formula 1...

2019 F12 months ago

Hamilton seizing advantage of Vettel DNF to seal Russian GP

1ShareChampionship leader Lewis Hamilton took the advantages with the Russian Grand Prix victory after race leader Sebastian Vettel’s retirement. During...

2019 F12 months ago

McLaren split with Renault for Mercedes in 2021 F1

1ShareMcLaren split with engine supplier Renault over a disagreement about Formula 1 strategy, according to Cyril Abiteboul. “It was apparent...

2019 F12 months ago

The manager says secrecy around Schumacher’s health is “difficult” to understand

1ShareNews of the Seven time F1 world champion, Michael Schumacher being “out of a coma” went viral on June 2014,...

2019 F12 months ago

Mercedes no favourite at remaining races in 2019 – Hamilton

1ShareMercedes will no longer be the favourite at any of the remaining races in 2019, according to Lewis Hamilton. Despite...

2019 F12 months ago

Renault F1 criticises FIA over penalty

1ShareCyril Abiteboul has accused the FIA of being inconsistent about how it hands out penalties for sporting and technical infractions....

2019 F12 months ago

Ferrari ‘hungrier than Mercedes’ – Hamilton

1ShareChampionship leader Lewis Hamilton criticised Mercedes after the Singapore GP. The Briton was not even on the podium on Sunday,...

2019 F12 months ago

Hamilton warns he could lose 2019 F1 title

1ShareLewis Hamilton has warned Mercedes that he risks not winning the 2019 world championship. The Briton’s championship lead is actually...

2019 F12 months ago

Charles Leclerc is Ferrari’s “No: 1 driver” – JJ Lehto

1ShareCharles Leclerc is now Ferrari’s “number 1 driver”. That is the view of JJ Lehto, who was once the supporting...

Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

References
We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media