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Old 07 August 2018, 09:17 PM
  #151  
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Originally Posted by JDM_Stig View Post
F1 team Force India have agreed a deal to come out of administration, saving all 405 jobs at their Silverstone base.

The team's management, backed by a consortium of investors led by Lawrence Stroll, have secured the future of the team.
that's some good news there, just hope they dont **** it up
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Old 07 August 2018, 09:18 PM
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So stroll to force india next year then,,,,, lol
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Old 07 August 2018, 09:48 PM
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Originally Posted by Tidgy View Post
So stroll to force india next year then,,,,, lol
Looks that way.
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Old 08 August 2018, 10:32 PM
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Brilliant insight - PODCAST: Christian Horner on Daniel Ricciardo exit and more...
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Old 09 August 2018, 02:11 PM
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Lauda was only days away from death, say doctors
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Old 16 August 2018, 02:42 PM
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CARLOS SAINZ TO RACE FOR McLAREN FROM 2019

Probably no real surprise for some, since he lost his seat to DR, and he and Max don`t get on, so he wasnt joining the main RB Team.
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Old 23 August 2018, 07:01 PM
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FIA approve Racing Point Force India F1 entry

23 Aug 2018

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Force India's new owners have been granted an official championship entry by F1 governing body the FIA, with the team free to race in this weekend’s Belgian Grand Prix.
Earlier this month, a consortium of investors led by Canadian businessman Lawrence Stroll agreed to bring Force India out of administration.

The FIA said the joint administrators of Force India Formula One Team Limited have now completed the sale of the business and its assets to the consortium, now known as Racing Point UK Limited.

Racing Point Force India is a completely new entity, starting with no points, with the former Force India entry excluded from the 2018 constructors’ championship due to its inability to complete the season. However, race drivers Sergio Perez and Esteban Ocon will keep their points in the drivers’ standings.

The FIA said in a statement: “Following a disciplinary investigation and prosecution by the FIA under Article 4 of the FIA’s Judicial and Disciplinary Rules, the Sahara Force India F1 Team has accepted its exclusion from the 2018 FIA Formula One World Championship with immediate effect, due to its incapacity to comply with Article 8.2 of the Sporting Regulations moving forward, and forfeits all Constructors Championship points under Article 6.2.”
This heralds a new and exciting chapter for usOtmar Szafnauer
Formula 1 Chairman and CEO Chase Carey commented: “We are very pleased that the situation around Racing Point Force India has been resolved and that the team will continue to race in Formula 1.

“It is also very gratifying that in partnership with the stakeholders involved we have been able to safeguard the livelihoods of the many hundreds of people working at its Silverstone base. It’s enormously important that we have a full grid of competitive, capable teams in Formula 1 and we are confident that Racing Point Force India will go from strength to strength in the future.”

FIA President Jean Todt added: “I am very pleased that a strong, positive outcome has been reached and welcome the mid-season entry of Racing Point Force India.

“Creating an environment of financial stability in Formula One is one of the key challenges faced by the sport, however thanks to the hard work of the FIA, the Joint Administrators, Racing Point and Formula One Management we have a situation now that safeguards the future for all of the highly-talented employees, and will maintain the fair and regulated championship competition for the second half of the season.”

Joint Administrator Geoff Rowley said: “This has been a complex process, but as a result of following a detailed and thorough procedure we have achieved a successful outcome. Under its new ownership, the team will now be able to operate to its full potential and its future is secured.”

Otmar Szafnauer will be the Team Principal and Chief Executive Officer of Racing Point UK Limited.

“This heralds a new and exciting chapter for us,” he said. “Just a few weeks ago, an uncertain future lay ahead, with more than 400 jobs at risk; now the new team has the backing of a consortium of investors, led by Lawrence Stroll, who believe in us as a team, in our expertise and in our potential to achieve success on the track.

“We are grateful to the FIA, the Joint Administrators and Formula One Management for their support in helping us achieve such a welcome outcome and ultimately, we trust, for the sport and its many fans.”

Under Force India's new ownership structure the team’s Deputy Team Principal, Robert Fernley, will stand down from his role. The remainder of the senior management team remains unchanged.
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Old 24 August 2018, 01:26 PM
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Horner just called Alonso a liar . . Sums Alonso up.
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Old 24 August 2018, 02:02 PM
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Fernando Alonso wants Red Bull to apologise after they denied his claim they offered him a drive for 2019.

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Old 11 September 2018, 10:12 AM
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https://www.bbc.co.uk/sport/formula1/45477134

Former world champion Kimi Raikkonen will leave Ferrari at the end of this season and rejoin Sauber.

The 38-year-old Finn will be replaced at Ferrari by 20-year-old Monaco-born Sauber driver Charles Leclerc, who will partner Sebastian Vettel in 2019.

Raikkonen has spent five years at Ferrari in his second spell at the Italian team.

He has has signed a two-year contract with Sauber, where he made his Formula 1 debut in 2001.

"Feels extremely good to go back where it all began," said Raikkonen in a

Raikkonen is the last Ferrari driver to win the world championship in 2007, before taking a two-year break from F1 in 2010 to compete in the World Rally Championship.

He returned to the sport with Lotus in 2012 and then rejoined Ferrari in 2014. He has 20 Grands Prix wins and 100 podiums in his career to date.

"Signing Raikkonen as our driver represents an important pillar of our project, and brings us closer to our target of making significant progress as a team in the near future," said Sauber team boss Frederic Vasseur.

Ferrari team principal Maurizio Arrivabene said: "Kimi's contribution to the team, both as a driver and on account of his human qualities, has been fundamental. He played a decisive role in the team's growth and was, at the same time, always a great team player."

'Dreams do come true'

Leclerc has been picked as the Ferrari's next potential star, after impressing in his debut F1 season.

"Dreams do come true," Leclerc
"I will be eternally grateful to Ferrari for the opportunity given."

In a statement he paid tribute to his late father and his friend Jules Bianchi, who died in 2015, after a crash at the 2014 Japanese Grand Prix.

"To a person that is not part of this world anymore but to whom I owe everything of what is happening to me, Papa," said Leclerc. "To Jules, thank you for all the things you learnt me, we will never forget you, and to all the persons that supported me and believed in me.

"I will work harder than ever to not disappoint you. But first, there is a season to finish with an amazing team that gave me the opportunity to fight and show my potential."
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