F1 team Force India entered administration on the eve of the Hungarian Grand Prix qualifying. This was triggered by its most successful driver Sergio Perez's sponsors, with the Mexican saying he was saving the 400 employees. The team owned a lot of money, including to its working, Perez among them, Mercedes and BWT. BWT began sponsoring the team in 2017, which was the reason their car was painted pink, but it has emerged that the money was taken out in the form of a loan.
Recently, the team have been taken out of administration by a group of people, Lawrence Stroll included. The team will continue with the name Force India for the rest of the season, and keep its drivers. However, the team will probably change names next year. Unfortunately, this means Lance Stroll will move there next year, and the reason daddy Stroll left Williams as because he wanted them to have a Haas style relationship with Mercedes, so he will most likely do that with Force India. It seems another privateer has fallen.