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Lawrence Stroll buys Force India - report

2018-07-24 06:38


Lance Stroll looks set to switch from ailing Williams to Force India in 2019.

Not just that, his billionaire father and financier Lawrence Stroll has reportedly bought the Silverstone based team as well.

'Force India will file for bankruptcy'

Germany's Auto Motor und Sport claims the day after the German grand prix was a crucial one for Force India, amid obvious financial problems.

READ: Stroll not denying Force India rumours

"There is mounting speculation that Force India will file for bankruptcy," said correspondent Michael Schmidt.

Another German publication, Auto Bild, says fashion mogul Stroll could be the saviour.

"It is unclear whether he has secured a majority stake or if the team now belongs completely to him," said correspondent Ralf Bach.

'People have been waiting'

Other parties have also looked into buying Force India recently, including major sponsor BWT and the British energy drink Rich Energy.

"People have been writing about the ownership of my team for years.

You will not see anybody in Force India walking around with a For Sale sign. All I can say is if there is a credible offer with cash on the table, I will be the first to discuss with my shareholders.

Until then, speculation remains speculation," team boss Vijay Mallya said earlier in July.


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