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- 2010 Season
Force India's future 'not in jeopardy' - Mallya
ESPNF1 Staff
February 5, 2010
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Vijay Mallya:Force India's participation in the championship is not, and will not, be in jeopardy © Sutton Images
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Force India boss Vijay Mallya has rubbished reports that his team might not be able to race in 2010 because it hasn't lodged its financial accounts with the UK's Companies House.
A report in the Daily Telegraph said it could face dissolution and be unable to race if it does not file its accounts before February 25. But Mallya said that there was nothing unusual about Force India's conduct and that it certainly wouldn't prevent it from racing this season.
"It is not unknown for companies to file their annual returns late, the reasons for which are varied," Mallya said in a statement. "Force India F1 Team has been in constant communication with Companies House and an extension to file was granted on 27 January 2010, with a grace period to 25 February 2010. This is a standard procedure and not uncommon in any industry. We are taking all necessary steps to ensure filing is made on or before that date. So Force India's participation in the championship is not, and will not, be in jeopardy."
A team spokeswoman also confirmed that Force India's 2010 car, the Mercedes-powered VJM03, made its debut at Silverstone on Wednesday of this week. It is set to be given a full test in Jerez next week alongside the majority of the 2010 field.
© ESPN EMEA Ltd.
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