Force India and Mallya's financial troubles... | FerrariChat
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Force India and Mallya's financial troubles...

Discussion in 'F1' started by DF1, Oct 2, 2012.

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  1. DF1

    DF1 Three Time F1 World Champ

    Apr 10, 2007
    30,121
    FRA - nice city with a really big airport :)
    #1 DF1, Oct 2, 2012
    "Although Force India has done well this year on the race tracks, there are still very serious worries about the team’s future funding because of difficulties that its two owners – Vijay Mallya and Roy Subrata Sahara – have run into.

    Mallya’s deeply-indebted Kingfisher Airlines – which owes an estimated $1.4 billion – is now facing ever-deeper trouble. This morning a number of Kingfisher pilots in Mumbai decided to join the strike called by the company’s engineers, who are complaining that their salaries have not been paid in seven months. "

    Paul and Hulk might need a new job in 2014. Can this team even think about paying for new motors???

    http://joesaward.wordpress.com/2012/10/01/the-pressure-mounts-in-india/
     
  2. tifosi12

    tifosi12 Four Time F1 World Champ
    Lifetime Rossa Owner

    Oct 3, 2002
    49,612
    @ the wheel
    Full Name:
    Andreas
    #2 tifosi12, Oct 2, 2012
    Good chance neither of them will be at Farce India next year anyway: The Incredible Hulk is likely to end up at Sauber or Ferrari.

    And I'm not worried about DiResta. He is good enough to land a better gig somewhere else any day.
     
  3. TifosiUSA

    TifosiUSA F1 Veteran

    Nov 18, 2007
    8,468
    Kansas City, MO
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    DJ
    #3 TifosiUSA, Oct 2, 2012
    Too bad because this team really seems like it's on the rise. They've done (since '08) what Caterham and the other wanna-bes dream of doing.
     
  4. mousecatcher

    mousecatcher Formula 3

    Dec 18, 2007
    2,116
    san mateo, ca
    #4 mousecatcher, Oct 4, 2012
    But they (FI) didn't have the disadvantage of starting from sratch.
     
  5. 4re Nut

    4re Nut F1 World Champ

    Mar 27, 2004
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    Steve
    #5 4re Nut, Oct 8, 2012
    Last edited by a moderator: Sep 7, 2017
  6. DF1

    DF1 Three Time F1 World Champ

    Apr 10, 2007
    30,121
    FRA - nice city with a really big airport :)
    #6 DF1, Oct 8, 2012
  7. Senna1994

    Senna1994 F1 World Champ

    Nov 11, 2003
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    Orange County
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    Anthony T
    #7 Senna1994, Oct 8, 2012
    +1
     
  8. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
    #8 VIZSLA, Oct 9, 2012
    Agreed.
    Seems like we've seen this sort of thing before in F1.
     

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