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Re: No F1 thread?

Posted: Mon Jul 23, 2018 9:07 pm
by Marv
Orange Cola wrote: Mon Jul 23, 2018 8:54 pm Force India bought by the Stroll family. Lance to switch teams
Is this speculation, or a done deal?

Re: No F1 thread?

Posted: Mon Jul 23, 2018 9:29 pm
by NotoriousREV
Did Vijay suddenly need some cash?

Re: No F1 thread?

Posted: Mon Jul 23, 2018 9:32 pm
by Orange Cola
Appears so.

Re: No F1 thread?

Posted: Tue Jul 24, 2018 9:23 am
by jamcg
NotoriousREV wrote: Mon Jul 23, 2018 9:29 pm Did Vijay suddenly need some cash?
Currently fighting extradition from uk to India for money laundering and fraud charges

https://www.google.co.uk/amp/s/www.firs ... 9.html/amp

Re: No F1 thread?

Posted: Tue Jul 24, 2018 9:40 am
by DaveE
That was a great race - what a drive from Hamilton...

Re: No F1 thread?

Posted: Tue Jul 24, 2018 9:45 am
by Jimmy Choo
NotoriousREV wrote: Mon Jul 23, 2018 9:29 pm Did Vijay suddenly need some cash?
He owes about $1.3 billion to a group of 17 Indian banks and they're rather keen to get it back.

Re: No F1 thread?

Posted: Tue Jul 24, 2018 9:58 am
by Simon
Jimmy Choo wrote: Tue Jul 24, 2018 9:45 am
NotoriousREV wrote: Mon Jul 23, 2018 9:29 pm Did Vijay suddenly need some cash?
He owes about $1.3 billion to a group of 17 Indian banks and they're rather keen to get it back.
He should definitely look to consolidate all his loans into one manageable monthly payment.

Re: No F1 thread?

Posted: Tue Jul 24, 2018 10:01 am
by Mito Man
Shame if they’ve sold it. Force India always make a great car with what little resources they have and provide good entertainment in the midfield. Hopefully they don’t end up dead last next year.

Re: No F1 thread?

Posted: Tue Jul 24, 2018 10:44 am
by NotoriousREV
Jimmy Choo wrote: Tue Jul 24, 2018 9:45 am
NotoriousREV wrote: Mon Jul 23, 2018 9:29 pm Did Vijay suddenly need some cash?
He owes about $1.3 billion to a group of 17 Indian banks and they're rather keen to get it back.
Image

Re: No F1 thread?

Posted: Tue Jul 24, 2018 12:51 pm
by Jimmy Choo
NotoriousREV wrote: Tue Jul 24, 2018 10:44 am
Jimmy Choo wrote: Tue Jul 24, 2018 9:45 am
NotoriousREV wrote: Mon Jul 23, 2018 9:29 pm Did Vijay suddenly need some cash?
He owes about $1.3 billion to a group of 17 Indian banks and they're rather keen to get it back.
Image
Image

Re: No F1 thread?

Posted: Tue Jul 24, 2018 12:53 pm
by Jimmy Choo
Marv wrote: Mon Jul 23, 2018 9:07 pm
Orange Cola wrote: Mon Jul 23, 2018 8:54 pm Force India bought by the Stroll family. Lance to switch teams
Is this speculation, or a done deal?
https://www.motorsportweek.com/joesaward/id/00275

Worth a read.

Re: No F1 thread?

Posted: Tue Jul 24, 2018 12:58 pm
by Mito Man
I only got to this point ‘he seems to be very careful how he spends his money’
At which I disagreed to much to bother. A sensible man would not spend $40 million a year or whatever it is to drag out his hopeless son’s career.

Re: No F1 thread?

Posted: Sat Jul 28, 2018 6:44 am
by jamcg
Force India into administration, article says at least 3 potential buyers intrested

https://www.bbc.co.uk/sport/formula1/44984140

Also says Sainz out of Renault, to be replaced by Ocon

Re: No F1 thread?

Posted: Sat Jul 28, 2018 11:46 am
by Jimmy Choo
jamcg wrote: Sat Jul 28, 2018 6:44 am Force India into administration, article says at least 3 potential buyers intrested

https://www.bbc.co.uk/sport/formula1/44984140

Also says Sainz out of Renault, to be replaced by Ocon
Perez, Mercedes and BWT pushed them into administration to get Vijay out.

Vijay is even further down the list of people I would want to spend time with than Flavio.

Re: No F1 thread?

Posted: Sat Jul 28, 2018 9:56 pm
by Orange Cola
Well it looks like quality picked up where the last race left off. I hope it's a wet one tomorrow 8-)
Jimmy Choo wrote: Sat Jul 28, 2018 11:46 am
jamcg wrote: Sat Jul 28, 2018 6:44 am Force India into administration, article says at least 3 potential buyers intrested

https://www.bbc.co.uk/sport/formula1/44984140

Also says Sainz out of Renault, to be replaced by Ocon
Perez, Mercedes and BWT pushed them into administration to get Vijay out.

Vijay is even further down the list of people I would want to spend time with than Flavio.
The team are reported to be grateful for the guys forcing the issue because it opens the team up to a buyer and therefore stable employment. I hope it works out. Coulthard made a point though, as soon as the team stop turning up to races and running the car the outfit looses all its value.

Re: No F1 thread?

Posted: Sun Jul 29, 2018 12:41 pm
by jamcg
https://www.bbc.co.uk/sport/formula1/44994539

TL:DR- Teams operating company owed £159m by the team, Mercedes owed £10m for engines, Perez owes millions in unpaid wages. Team asked for Perez to start proceedings, 3 intrested parties, 2 US consortiums and a Russian bid. Rich energy drinks offered £30m sponsorship influx but was rejected

Re: No F1 thread?

Posted: Mon Jul 30, 2018 2:07 pm
by Jimmy Choo
What the hell is going on with Hamilton's hair? Is he actively trying to look more ridiculous at each race...

Re: No F1 thread?

Posted: Mon Jul 30, 2018 2:35 pm
by NotoriousREV
Jimmy Choo wrote: Mon Jul 30, 2018 2:07 pm What the hell is going on with Hamilton's hair? Is he actively trying to look more ridiculous at each race...
OMG, maybe you should read Closer magazine to which celebrities have made other fashion faux pas this week?

Re: No F1 thread?

Posted: Mon Jul 30, 2018 3:04 pm
by Jimmy Choo
NotoriousREV wrote: Mon Jul 30, 2018 2:35 pm
Jimmy Choo wrote: Mon Jul 30, 2018 2:07 pm What the hell is going on with Hamilton's hair? Is he actively trying to look more ridiculous at each race...
OMG, maybe you should read Closer magazine to which celebrities have made other fashion faux pas this week?
While I appreciate what you're implying, he looks like a twat with small snakes climbing out of his collar and onto his head. I bet his trousers don't go all the way down to his shoes, either.

Re: No F1 thread?

Posted: Mon Jul 30, 2018 3:19 pm
by NotoriousREV
It's something about which I could not possibly care any less if I tried.