Force India Fined

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Force India Fined

Postby CoopsII » 04 May 2012, 23:15

http://www.bbc.co.uk/sport/0/formula1/17955548

Thats quite an amount to have to pay within 14 days.
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Re: Force India Fined

Postby FullMetalJack » 05 May 2012, 00:14

Ouch, wouldn't wanna pay that.

Imagine HRT being given a fine of that size, would be the end of them.
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Re: Force India Fined

Postby DanielPT » 05 May 2012, 00:34

It is quite a fine. More misery on Mallya's finances...
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Re: Force India Fined

Postby Sublime_FA11C » 05 May 2012, 01:18

Caterham will be pleased no doubt. Easy money for them.
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Re: Force India Fined

Postby mario » 05 May 2012, 01:24

CoopsII wrote:http://www.bbc.co.uk/sport/0/formula1/17955548

Thats quite an amount to have to pay within 14 days.

Not only are the team having to foot the bill of £700,000 in unpaid expenses for Aerolab, plus paying another £650,000 in legal fees to Caterham, it has to be borne in mind that they are having to pay their own legal fees on top of that. It is quite likely that Force India's own legal bill is in the order of £650,000 - £700,000, which means that the total cost to the team probably exceeds £2 million, or about 100 times the damages they were awarded by the judges.

It really makes you wonder what the team thought they could earn out of such endeavours - their bill with Aerolab has been increased substantially, and I would not be surprised if this affair has had a negative impact on their reputation with suppliers (if you were a parts supplier, the arguments over unpaid bills might make you think twice about dealing with them).
Furthermore, although they did present a formal complaint to the FIA asking them to take a closer look at the whole affair, so far the FIA have made no comment on the whole affair and have ignored Force India: in that respect, despite the judge ruling that a few small elements may have been copied, the fact that the FIA are stonewalling them means that they have gained very little out of the whole affair.
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Re: Force India Fined

Postby Alianora La Canta » 05 May 2012, 02:21

Paying shouldn't be a problem, since the article states Force India had already posted that amount and more as security before the case started.

What does strike me as a problem is that the court appears to have ignored what was established in the case when assessing costs. This would, if anything, strengthen Force India's basis for appeal (which already looked strong due to a mechanism for the law breaches it was complaining about having been established by the courts and then ignored).

For the FIA to ignore the demonstrated (and fined) copyright issue by Lotus... ...well after it broke its own Statutes to go to Bahrain I expected no less. I guess the rules really don't matter in F1 any more.
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Re: Force India Fined

Postby AdrianSutil » 05 May 2012, 12:36

Mallya's personal finances aren't exactly great at the moment either I think. Although the recent addition from Sahara should make the loss of payments pretty minimal. I wouldn't worry.
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Re: Force India Fined

Postby eurobrun » 05 May 2012, 12:41

AdrianSutil wrote:Mallya's personal finances aren't exactly great at the moment either I think. Although the recent addition from Sahara should make the loss of payments pretty minimal. I wouldn't worry.


I agree, the Sahara sponsorship means this isn't as big of a loss as it would be otherwise.
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Re: Force India Fined

Postby eurobrun » 05 May 2012, 15:45

wowman wrote:buy some stuff


Fixed :lol:
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Re: To experience these kind of

Postby pasta_maldonado » 05 May 2012, 17:21

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Oooh yes, I'd like to buy some gold, off of some guy who spams internet forms *sarcasm*
Last edited by mario on 05 May 2012, 20:40, edited 1 time in total.
Reason: Removed web links to spam website in quoted post
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Re: To experience these kind of

Postby Minardi Man » 05 May 2012, 18:12

Wow, gold? Well yeah, I suppose Force India might like some of that right now.
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Re: To experience these kind of

Postby FMecha » 07 May 2012, 00:33

Minardi Man wrote:Wow, gold? Well yeah, I suppose Force India might like some of that right now.


It is a spam encouraging people to buy gold (currency) for World of Warcraft. Never liked MMORPGs so that is all. ;)
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