Source: Force India Media

F1 News

Force India NOT on verge of bankruptcy

Force India NOT on verge of bankruptcy

14-04-2018 16:00
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Nicolás Quarles van Ufford

Force India boss Bob Fernley has denied the claims that Force India are fighting bankruptcy, as he dismissed the comments by saying that people have been saying the team's been almost bankrupt for ten years and they're still here.

The Indian team based in Silverstone are currently having a subpar season, as they're struggling for relevance this season after two seasons of finishing fourth in the championship.

Andy Green told the media yesterday that there are fundamental flaws the team needs to figure out, but Fernley doesn't know what his colleague is talking about.

"If you compare our times with Australia and Bahrain last year, then we are actually significantly faster," he told Finnish tv C More.

"Between eighth and fifteenth places there is a difference of maybe two tenths, so the competition is incredibly tight," he added.

After this, he went out of his way to wave away any rumours that the team are financially struggling to keep their head above water.

"We've apparently been on the verge of bankruptcy every month for ten years but we're still here, and we're still going well."