Force India drivers racing without pay in 2012?

28 August, 2012

16.03.2012 Melbourne, Australia - Paul di Resta and Nico Hulkenberg chat at the Force India pit gantry- Formula1 World Championship Round 01 at Melbourne Albert Park +++ © Copyright: RACE-PRESS.com

Paul di Resta and Nico Hulkenberg chat on the Force India pit gantry

Aug.28 (GMM) According to reports, surfacing ahead of the season restart in Belgium, Force India’s drivers – Paul Di Resta and Nico Hulkenberg – may have gone without receiving payment from their team for their services so far in 2012.

Dr. Vijay Mallya (IND) Force India Formula One Team Owner and Bernie Ecclestone (GBR) CEO Formula One Group (FOM) on the grid. Formula One World Championship, Rd8, European Grand Prix, Race Day, Valencia, Spain, Sunday 24 June 2012.Austria’s Sportwoche reports on speculation that Nico Hulkenberg and Paul di Resta are the latest victims of team owner Vijay Mallya’s struggling Indian airline Kingfisher.

As the 2011 season kicked off, German driver Hulkenberg said the airline’s high profile financial problems have “nothing to do with us”.

“This is Formula One, not an airline,” he insisted at the time.

Business Book GP 2012 estimates Hulkenberg and Scottish teammate di Resta’s salaries this year at EUR 500,000 and 200,000 respectively.

But Sportwoche cited more than one paddock source in suggesting that the duo have not been paid anything yet.

The magazine said only the payments from title partner Sahara are keeping the Silverstone based team afloat.

Last year we reported that Force India pays bills later than most of its Formula One rivals. At the time the Daily Mail said the Silverstone based team pays bills on average 30 days past due.

“If Vijay sold his yacht, it would keep the team going for a couple of years,” remarked an unnamed supplier.

Subbed by AJN.

 

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10 Responses to Force India drivers racing without pay in 2012?

  1. Emaaduddin 29 August, 2012 at 8:13 pm

    @Welcome to the Real world..
    I doubt if u are living in this world!!! Dont generalize.. All Indians are not the same. There are bad apples everywhere. And by saying that I am in no way saying that Vijay Mallya is bad. He is one of the best brains India has produced!!

  2. Vijay Mallya 29 August, 2012 at 7:16 pm

    I CAN EVEN BUY SCUDERIA FERRARI F1 TEAM WITH MY CURRENT EARNINGS

  3. Vijay Mallya 29 August, 2012 at 7:06 pm

    NO COMMENTS!

  4. Welcome To Real World 29 August, 2012 at 5:25 pm

    That’s how Indians deal. If you don’t have a solid contract, you don’t get anything.

    Not a racist comment, speaking from lots of business experience.

    Handshakes and promises mean nothing.

  5. McLaren Fan 29 August, 2012 at 3:09 pm

    Anti Vijay Mallya again this is not news its rumors

  6. Kimi4WDC 29 August, 2012 at 4:29 am

    I think this is just anti-Vijay Mallya propaganda.

    Seriously, that dude is a genius. Just listen him talk on a complicated matters, he makes any journalist sound like a 10 year old kid.

  7. Christian 29 August, 2012 at 3:32 am

    Eddie Jordan should buy the team back :) One can only dream….

  8. fools 28 August, 2012 at 8:01 pm

    for not being paid…if thats true hopefully not…however they have the 3rd best pit stops and are not doing to bad in points

  9. Sohail Khan 28 August, 2012 at 5:58 pm

    Nothing to be surprised about knowing how Vijay Mallya manages his finances.

  10. Hawk 28 August, 2012 at 1:46 pm

    the case for Pastor Maldonado. they must be monitoring his progress with Williams

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