If we had not yet reveal many unknowns about the new teams that join this year’s Formula 1 skips news today that one of the already established teams could be in a difficult situation. Endangering the presence of Force India. The story begins with the British Trade Register in the UK was to receive the statement of the team for 2008 until the maximum date of 31st October 2009. Deadline has not been met.

A serious rather than showy for Force India, then perhaps I could not be either the second day of official testing at Jerez not solve the great role of a breach of deadlines. The most serious consequence would be that the Registrar of Companies of the British government would proceed with the dissolution of Force India, implementation of which has already notified by letter late last January.

Otmar Szafnauer, chief operating Force India states that it requested an extension of time after receiving the letter. Period were given a deadline for 25 February 2010. But Szafnauer still in doubt whether they will have bills on time.
Need more time to put the accounts in order.

Vijay Mallya for his part said that is not endangered the team’s presence at all and that are working to have presented the accounts even before that date. And with all the rum says it’s normal that companies are late in submitting their accounts until the last minute.

This is reminiscent of the potential financial hardship that is rumored Force India about six months ago. And I’m saying is that a company or corporation that clear accounts in a year is in theory rather than closed and ready to be submitted or required by the Companies Registry in touch. One thing is delayed by forgetfulness few hours or a few days, and another is an oversight of three long months to a matter as important and vital.

At least a bad feeling that hefty delay. Hopefully not the Indian squad one of the casualties that smelled Bernie Ecclestone.

Vía | The F1