The team remains the formula 1. All Jobs remain in place. And the Team can start the next race after the summer break. Also because the dad of Pilot Lance Stroll, a majority accepts the shares.
The bankrupt formula-1 team Force India is economically saved. A group of investors with the canadian billionaire Lawrence Stroll to the top takes the majority of the shares of the English exiled Indian Vijay Mallya. All 405 jobs will be saved, all the liabilities will be settled. The Team announced on Tuesday in an official Statement. Lawrence Stroll, who made his fortune with the purchase and sale of participations in the fashion industry, is the father of Williams driver Lance Stroll. 2017 Stroll senior had his then 19-year-old son, into the world of formula 1 with a million investment. Since then, Lance Stroll collected in 32 races for Williams, a total of 44 championship points.
Lawrence and Lance Stroll
Force India have been held since 27. July in the so-called controlled bankruptcy. The company FRP Advisory LLP was appointed to find during the summer break of the formula 1 to a buyer. The operation continued, meanwhile, to normal. FRP has agreed to the Deal with the canadian investors on Tuesday. Of all things, a content additional to the regular drivers Sergio Perez (Mexico) in the amount of approximately four million dollars had triggered the bankruptcy in the end. However, Perez was acting according to his own statement, not maliciously. “I was asked by some members of the team to ensure the Team and therefore 400 jobs,” said the 28-Year-old.
Force India finished in 2016 and 2017 in the team standings each of the respectable fourth place, and they are economically much better-established racing teams such as Renault or McLaren far behind.
sw (dpa, sid)