Connect with us

Latest F1 News

Force India fights for $33 million

Published

on

  • 2
    Shares

Force India is fighting for its right to keep $33 million in official prize money.

Taken over by Lawrence Stroll, the team actually had to become a new entrant as of the Belgian grand prix, which meant the forfeiting of its championship points.

But although Haas is not happy, the teams and Liberty Media said ‘Racing Point Force India’ can keep its prize money.

“We have to decide what we prefer. Stick with principles or keep a team that is now solidly funded,” Mercedes team boss Toto Wolff told Auto Motor und Sport.

Wolff, though, has an interest in keeping Force India alive, as the Silverstone based team is tipped to potentially become a Mercedes ‘B team’.

That means Renault has reservations.

“Renault will not stand in the way of the rescue of a team. And Formula One Management has assured us that they will take on the problem of B teams,” said Cyril Abiteboul.

A McLaren spokesman agrees.

“All we care about is that there will be no more B teams in the future that are technically, politically and sportingly dependent on their works partner. We have nothing against Force India,” he said.

Even Williams is on board, but potentially only because Stroll has agreed to compensate the team as Lance Stroll departs.

Haas, though, remains unhappy.

“We’ll have to see how it ends,” said Gunther Steiner. “Things developed very quickly and I don’t think every aspect was given enough time.”

Force India sees it another way.

“Haas was not disadvantaged by us,” said team boss Otmar Szafnauer. “They benefitted from a rule that allowed them to buy a large part of the car from Ferrari.

“They only had to hire 220 people. When Force India entered formula one, we were forced to design and build our own car. That’s why we have 400 employees today.

“Haas may not have received the column 1 money, but they have benefitted financially from a softening of the formula one principles,” he added.

Comments

Latest Results




Latest F1 News

2018 F15 hours ago

Vandoorne arrived late after Formula E test

2SharesStoffel Vandoorne arrived late to the paddock ahead of the US grand prix. The Belgian has been ousted by McLaren,...

2018 F16 hours ago

No ‘splits’ at Ferrari – Arrivabene

2SharesMaurizio Arrivabene has played down rumours that Ferrari is splitting apart. With the Maranello team’s 2018 title hopes in tatters,...

2018 F16 hours ago

Honda progress ‘scary for Renault’ – Sainz

2SharesCarlos Sainz says it is “scary for Renault” how much progress Honda has made in recent races. Previously, with Ferrari...

2018 F121 hours ago

Practice 2 Results: US Grand Prix

2Shares2018 US Grand Prix Practice 1 Results (FP1): First free practice results and timings (FP1) for the eighteenth round of...

2018 F11 day ago

Ferrari still has work to do anyway – Vettel

2SharesMaurizio Arrivabene looks set to have his contract renewed at Ferrari beyond this year. There had been speculation that, amid...

2018 F11 day ago

Leclerc ‘does well’ at Ferrari – Raikkonen

2SharesKimi Raikkonen has wished Ferrari’s new generation of drivers well. The Finn has lost his place at Ferrari for next...

2018 F12 days ago

FIA declare Ferrari suspected Mercedes car is ‘legal’

2SharesThe FIA has declared the latest configuration of Mercedes’ 2018 car to be legal. Brazil’s Globo reports from Austin that...

2018 F12 days ago

Vettel’s F1 future at Ferrari is suddenly in doubt

2SharesFour-time F1 world champion, Sebastian Vettel’s F1 future at Ferrari is suddenly in doubt. The German is currently under pressure...

2018 F13 days ago

Ricciardo’s Renault move ‘a concern’ – Webber

2SharesMark Webber admits fellow Australian Daniel Ricciardo’s move to Renault is a “concern”. Also a former Red Bull driver, Webber...

2018 F13 days ago

Todt visits Michael Schumacher ‘twice a month’

2SharesFIA president Jean Todt admits he visits his friend Michael Schumacher “twice a month”. Once the great German’s boss at...




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