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Force India denies 'crisis' reports

Force India denies reports in the Italian media that the team is 'in crisis' and 'could collapse' because of financial issues surrounding Vijay Mallya
Sahara Force India has moved to deny speculation that it 'could collapse' as a result of financial issues.

Italian publication Italiaracing suggested that the team has been left in 'crisis' thanks to financial problems involving team owner Vijay Mallya and was at risk of closure.

The report also claimed that Bernie Ecclestone was looking into a plan to save the team and that Colin Kolles could return to the team he worked for for a number of years from its days as Jordan through to Mallya taking control.

The Silverstone-based team has however been quick to respond to the reports, with a statement obtained by Pitpass making its stance on the speculation clear.

“Sahara Force India dismisses the rumours that appeared on the internet this morning, which are part of a growing trend of irresponsible online journalism directed at the team,” the statement read.

“There is no truth behind claims that the team is 'in crisis', which only serve as a gossip at a time when new in the Formula One world is limited. It's also disappointing that the team was not contacted for a response.

“The team is pushing ahead with the new car build and looking forward to the launch of the 2013 car and new team partnerships.”

The team has yet to confirm its full line-up for 2013, with reports suggesting that the identity of Paul di Resta's team-mate still to be announced.



Related Pictures

Click on relevant pic to enlarge
25.11.2012- Race, Nico Hulkenberg (GER) Sahara Force India F1 Team VJM05
24.11.2012- Qualifying, Paul di Resta (GBR) Sahara Force India F1 Team VJM05 leads Vitaly Petrov (RUS) Caterham F1 Team CT01
Sahara Force India F1 Team
27.11.2016 - Race, Nico Hulkenberg (GER) Sahara Force India F1 VJM09
27.11.2016 - Race, Nico Hulkenberg (GER) Sahara Force India F1 VJM09
27.11.2016 - Race, Roger Federer (SUI) tennis player and Bernie Ecclestone (GBR), President and CEO of FOM
27.11.2016 - Race, Sergio Perez (MEX) Sahara Force India F1 VJM09
27.11.2016 - Race, Sergio Perez (MEX) Sahara Force India F1 VJM09
27.11.2016 - Race, Nico Hulkenberg (GER) Sahara Force India F1 VJM09
27.11.2016 - Race, Start of the race, Nico Hulkenberg (GER) Sahara Force India F1 VJM09
27.11.2016 - Race, Nico Hulkenberg (GER) Sahara Force India F1 VJM09 leads Sergio Perez (MEX) Sahara Force India F1 VJM09
27.11.2016 - Race,  Sahara Force India mechanics
27.11.2016 - Race,  Sahara Force India mechanics
27.11.2016 - Race, Sergio Perez (MEX) Sahara Force India F1 VJM09 and Nico Hulkenberg (GER) Sahara Force India F1 VJM09
27.11.2016 - Race, Start of the race, Nico Hulkenberg (GER) Sahara Force India F1 VJM09 and Max Verstappen (NED) Red Bull Racing RB12
27.11.2016 - Bernie Ecclestone (GBR), President and CEO of FOM
27.11.2016 - Bernie Ecclestone (GBR), President and CEO of FOM
27.11.2016 - Bernie Ecclestone (GBR), President and CEO of FOM

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Rivi - Unregistered

January 19, 2013 4:27 AM

It's natural people think that because Vijay has a struggling business in his stable that all his others are in jeopardy but there is no evidence at all for this. They are all separate entities. 5 years ago Spyker were at the back of the grid often failing to finish race. Now Force India is locked in an intense midfield battle with team like Williams who have won the championship. They have been the most imprved team over the last few years because they have had the finances to back them and they are well managed. Think people should get off their back and applaud what they have brought to F1 - colour, vibrancy, consistency and genuines point scoring potential



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