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Participation Force India F1 team at GP of Belgium threatened

6efc651d22cc058bdffd16bcdbe68c2c - Participation Force India F1 team at GP of Belgium threatened

With less than 24 hours to go until the first training session of the GP of Belgium, there remain question marks about a possible participation of Force India at the GP of Belgium.

A consortium around Lawrence Stroll during the summer break in the F1 made an attempt to the Force India F1 team to take over. There emerged, however, legal difficulties with Vijay Mallya and the Sahara Group, enabling the acquisition prior to the GP of Belgium was not fully completed.

Drankenfirma Diageo, with its brand Smirnoff former sponsor of Force India and also with Johnnie Walker will be the title sponsor of the GP of Belgium, would have a lien that relates to a loan to Vijay Mallya. In addition, thirteen banks from India their permission.

There might, however, not at the time an agreement was reached allowing Lance Stroll and his consortium not the acquisition did of the renstal but everything bought some of the team, including the F1 cars, trucks, the factory in Silverstone, all of the material that is required to race etc.

It is important that the original registration of the team still in the name of Force India, a team that is still under administration, but actually no more material possessions. Renault, McLaren and Williams blocked previously been a transfer of the rights to a potential new owner that would be entitled to the accrued prize money.

In the F1-paddock of Spa-Francorchamps are now the logos of Force India and Vijay Mallya are companies of the trucks passed, just like all of the other material.

During the few hours that are still prior to the GP of Belgium remains is feverishly by lawyers, including those of the FIA, looking at what can be done so that Force India can actually participate in the race weekend.

The best scenario currently on the table is that Force India during the race weekend of the GP of Belgium participates under a different name. But the big question is whether everything in the legal field on time in order hit.

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