Team asked me to start administration proceedings - Perez - F1 News

F1 News - Team asked me to start administration proceedings - Perez

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Force India will compete in the remainder of the Hungarian Grand Prix weekend after being placed into administration on Friday

Force India driver Sergio Perez says he started administration proceedings against the team to fend off a winding-up petition from another creditor.

The Mexican told BBC Sport: "The team asked me to do it. Otherwise, it would have been very bad."

Force India were put in administration by the High Court on Friday evening and are the subject of interest from several potential buyers.

Perez said he wanted to help protect the future of the team.

More to follow.

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via BBC Sport - Formula 1 https://ift.tt/OHg7x6

July 28, 2018 at 12:00PM