Force India release statement about financial troubles and way forward

Force India’s financial troubles have gotten worse this season, so much so that there have been development delays and reports of a takeover as early as next week.

Wolff and Force India COO Szafnauer today confirmed that the team was in court today, trying to work out the future for the team.

Szafnauer then later commented on what the future holds for Force India and if there was nay investment coming in.

“I think it’s imminent.” Szafnauer said.

“I know there’s discussions going on in the background and I’m not privy to those because it’s a shareholder issue.

“I’m not a shareholder otherwise I would know more. It will be very soon.” he added.

Szafnauer the confirmed that this critical period would go on for a couple of weeks before everything gets sorted out.

“There’s a high correlation between a critical financial situation and a sporting situation,” said Szafnauer.

“So, the more money you have in this game the more you do.

“Hopefully that will be solved soon and we’ll get back to operating in the normal manner we’re used to.

“In this critical period, which might last a week or two, we’ve got to get our heads down and do the best we can here and enjoy our break after the test and come back fighting thereafter.” he added.

According to reports, Force India will not have to wind up operations as their situation is better than that currently and with a couple of investors reportedly lined up, they should get out of this mess pretty soon.

Wolff is pretty impressed with how Force India have handled their entire liquidity struggle.

“They are a good group of racers that punch above their weight,” said Wolff.

“The way they have dealt with their liquidity struggles is amazing, competing against some of the work teams, we should recognise that.” he concluded.