Who owns force india racing

By Alan Baldwin. The report also revealed the parlous finances of the Vijay Mallya-owned team at the time they were taken into administration last July. The Silverstone-based team had only , pounds in its account on July 27 while outstanding gross wages due to be paid at the end of that month totalled 2. The estimated funding requirement for August, including staff salaries, was 9.

FRP said engine providers Mercedes were owed Supplier Formtech was also owed 2. Indian businessman Mallya, who is London-based and fighting an extradition request from authorities in India, previously owned The administrators received more than 20 expressions of interest in the team, and had needed to move fast given the financial situation and approaches to key members of staff from rivals.

Although safety was the primary goal, it has already had a significant impact on the title race and puts extra pressure on teams to deliver as the season reaches the business end. Some 18 drivers have finished runner-up to Lewis Hamilton on his way to wins.

The Russian GP was decided by late-arriving rain that allowed some to climb and caused others to plummet. But the events which played out beforehand are equally significant when considering the all-important driver ratings. Until rain turned the Russian Grand Prix on its head in the closing stages, Lando Norris was set to convert his first Formula 1 pole position into a maiden win. But having recovered well from being shuffled back at the start, Hamilton and his Mercedes team called the changing conditions spot-on for a landmark th F1 victory.

At the Italian Grand Prix Daniel Ricciardo turned around a troubled F1 season and, in F2, Oscar Piastri demonstrated once again that he is a potential star of the future. Tickets Subscribe. Sign in. Registration Sign in Facebook connect. All me. Download your apps. All rights reserved. By: Adam Cooper. Feb 2, , AM. Previous article Alonso: My age not a problem to stop possible F1 comeback. Next article Ferrari: F1 politics one of our main weaknesses of season.

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