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Budapest – Force India Formula One team is expected to enter the administration in the weeks as part of a planned restructuring process with new investments, the head of the l 39; operating the team Otmar Szafnauer said Friday.
The team, owned by Vijay Mallya, was registered in the liquidation hearing before the London High Court on Wednesday.
Szafnauer said that another hearing was taking place on Friday.
"In a week, or at most two, our financial future will become clearer and, I believe, much safer," Szafnauer told reporters at the Hungarian Grand Prix.
Paddock observers believe that Canadian billionaire Lawrence Stroll, the father of Williams' young pilot, Lance Stroll, is preparing to buy the run out of money with an investment package that will allow his son to move teams
Szafnauer said: "I think it is imminent.I am not aware of this because it is a question of shareholders and I am not a shareholder
"Otherwise, I will know more, but it will be very soon, we are right in this critical period, which could last a week or two."
"We must keep the head down, do our best here, go enjoy – and after the test, enjoy our break and then come back
"I hope this will be resolved soon and that we will come back to work as usual .
He added that the administration can be one of two potential ways s for the team to solve his financial problems, qualified as "critical" Thursday by the Mexican Sergio Perez
The team's problems followed the collapse of the owner and manager of the company. Kingfisher Airlines team from Mallya.
A group of Indian banks sought to recover more than $ 1 billion in loans, which led to Britain's extradition attempts to face charges of fraud.
Stroll, to whom many may depend, has made no comment.
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