Force India team principal Otmar Szafnauer has confirmed that the team has almost paid off its creditors since Lawrence Stroll led a consortium of investors to purchase the team in August.
Force India was due to pay money to over 400 creditors, with Mercedes and Sergio Perez owed the most amount. The team was placed in administration before the Hungarian Grand Prix but was saved a couple of weeks later by Canadian businessman Stroll.
And Szafnauer has revealed that he expects most of the creditors to be paid off in the coming days: “It’s important to note that the current shareholders have taken all the risk for the creditors, and have put it in extra money such that the creditors can be paid off immediately, and not at some future date, post-administration,” he told Autosport.