22.2 C
Ljubljana
ponedeljek, 14 junija, 2021

F1: Force India to pay £28.5m to over 450 companies, including one of their drivers, say administrators

independent: Force India collapsed into administration in July because of a lack of funding from owners.

Administrators of the collapsed Force India Formula One team have revealed that they expect to pay all of its creditors in full after its assets were sold to fashion tycoon Lawrence Stroll for £90m.

Despite finishing in a respectable fourth place last year, Force India crashed into administration in July. Its collapse was driven by a lack of funding from its former owners, beleaguered Indian businessmen Subrata Roy and Vijay Mallya who is fighting extradition from Britain to his home country.

More about this can be read here! Read about Force India here!

Share

Latest news

Respected lawyer Vera Mejak: They shout there on the Triple Bridge, how everything is wrong. You know, there is nothing wrong

By: Sara Rančigaj /Nova24tv Radio Ognjišče prepared a show on the topic of 30 years of the independent path of Slovenian politics and civil...

Minister Tonin cut Fajon down to size: Every debate on the functioning of Slovenian institutions does not mean political pressure on them!

By: Sara Kovač /Nova24tv “Every day, both politics and the public must work together to maintain this with a calm and unifying rhetoric, not hatred,”...

Truth rallies

By: Dr Matevž Tomšič When in 1994, while in parliament due to the so-called Depala vas affair the then Minister of Defence Janez Janša was...

Two foreigners were caught crossing the border illegally

By: V4 Agency Two foreigners were found during the illegal crossing of the state border. One received a fine, which he paid on the spot, and...

Related news

Tadej Pogačar winner of the Tour of Slovenia

By: P.T., STA Slovenia's Tadej Pogačar has won the Tour of Slovenia, the country's biggest cycling road race, after defending the leading position in the...

Slovenia’s Zidanšek loses in French Open semi-finals

By: P.T, STA Tamara Zidanšek lost in the semi-finals of the French Open in Paris to Russia's Anastasia Pavlyuchenkova in two sets (5:7 and 3:6)...

Superstar Pogačar wins second stage of Tour of Slovenia

By: P.T., STA Slovenian cycling superstar Tadej Pogačar (UAE Team Emirates) won the second stage of the Tour of Slovenia. At the conclusion of the 147-kilometre...

Slovenia’s Zidanšek makes it to semi-finals of French Open

By: J.S.,STA Slovenia's Tamara Zidanšek advanced to the semi-finals of the French Open, defeating Paula Badosa of Spain in the quarter-finals in three sets (7:5,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share