Force India is placed under administration but participates in the Hungarian GP

Force India tries to maintain its routine and participates this weekend in the Hungarian Grand Prix, despite being put under administration amid serious financial problems. The team, headquartered in Silverstone, was the subject of a court ruling at a hearing held Friday in London

"We will be in touch with the main stakeholders urgently to ensure the best result for lenders ". said Geoff Rowley, a representative of FRP Advisory LLP, a consulting firm specializing in corporate restructuring. "At the same time, the team will continue to operate normally, including the race in Hungary this weekend. We aim to keep things as usual as we evaluate the options to ensure the best possible results. future of the team. "

which belongs to Vijay Mallya, finished fourth in the constructors' championship last year, having even one of the lowest Formula 1 budgets. After 11 of the 21 races, Force India, with the Mexican Sergio Perez and Frenchman Esteban Ocon, is fifth in the 2018 season, 21 points behind Renault, fourth.

On Thursday, Perez expressed his recurring concerns by calling the situation "critical" as the team looks for potential buyers. Force India is expected to owe more than ten million pounds (about R $ 49 million) to Mercedes and another three million pounds ($ 14.6 million) to Mexicans because of its sponsorship

. but we hope that this will be resolved soon and that we will resume the usual operation, "said Otmar Szafnauer, Force India's director of operations. "We are in this critical period, which can last a week or two."

The leader remains confident in a resolution that Formula 1 is preparing for the European summer holidays four weeks after the Hungarian Grand Prix and resumed August 26 with the Belgian Grand Prix. "I think it's imminent, I know there are ongoing discussions," he said.

Force India also faces uncertainty about the future of Ocon. The 21-year-old Frenchman is designated as one of the most promising drivers on the grid and can transfer to Renault. "It's good for him to leave, but we have to agree with that," Szafnauer said. "We will not get in his way," he added.