Sunday, 1 March 2015

Force India in talks with Bernie Ecclestone in relation to financial support

(© Ben Johnston 2015)

The Sahara Force India Formula One Team will be competing at the season opening Australian Grand Prix in two weeks’ time despite ongoing speculation surrounding their financial situation according to deputy team principal Robert Fernley.

The team were forced to delay the debut of their 2015 car the VJM08 as it only made its on track debut on Friday at the Barcelona Circuit de Catalunya.

Fernley revealed that the Sahara Force India Formula One Team have not received any help from Bernie Ecclestone and Formula One Management but that they are currently in discussions with the Formula One Supremo and are hopeful that a deal will be in place soon.

The delay in running the new car was as a result of a cash flow problem which meant that they were unable to pay suppliers when they wanted to.

Fernley revealed that the team were in a race against time to make it to the opening race of the season in Australia as the team are currently constructed the second chassis and that won’t be easy but that they are hopeful of making the opening race in Australia. The team freight has to be en-route to Australia by the end of next week to make it for the first race.

Fernley revealed that his team’s case is not an isolated one as both the Lotus F1 Team and the Sauber F1 Team are under severe financial issues.

The news of the financial issues with the Sahara Force India Formula One Team come at the same time as the Manor F1 Team have been rescued by Northern Irish energy company founder Stephen Fitzpatrick.

© Ben Johnston 2015

No comments:

Post a Comment