BUDAPEST (Reuters) - Vijay Mallya's Force India Formula One team may have to go into administration as part of a process to put it on a sounder footing, chief operating officer Otmar Szafnauer said on Friday.
A Companies Court winding-up list, published on the justice.gov.uk website, had scheduled a hearing for the Force India Formula One Team Ltd at the London High Court last Wednesday, July 25.
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