Otmar Szafnauer, a key figure in the Force India and later Racing Point F1 teams, has shared astonishing details about his time managing the team during its darkest days. In an emotional revelation, Szafnauer admitted that he personally covered the salaries of Force India’s employees—twice—when the team faced bankruptcy midway through the 2018 season. The team’s financial collapse followed legal troubles faced by its owner, Vijay Mallya, who was involved in money laundering and fraud cases.
Szafnauer, who joined Force India in 2009, found himself navigating the aftermath of Mallya’s actions, which led to the team being put into administration—a UK process similar to bankruptcy. Despite these challenges, Szafnauer stayed on through the team’s rebranding to Racing Point in 2019 and later Aston Martin. He eventually moved to Alpine for the 2022 season but parted ways with the French outfit midway through 2023.
Reflecting on his time at Force India, Szafnauer revealed that he personally funded millions of dollars in salaries for the employees during the crisis. “Twice. It was in the millions. And I knew the salaries were not going to get paid,” Szafnauer explained. “I know how difficult that is for people. Some people live from paycheck to paycheck, and I understand it. We had to pay the salaries.”
His personal sacrifice underlines the level of commitment Szafnauer had for his team and its staff during one of the most turbulent periods in Formula 1 history.
The Oscar Piastri Contract Saga: Szafnauer Sets the Record Straight
In addition to his revelations about Force India, Szafnauer addressed the controversy surrounding Oscar Piastri’s contract during his tenure at Alpine. Piastri was announced as Alpine’s driver for 2023 following Fernando Alonso’s exit, but the Australian quickly denied having any formal agreement, sparking a public dispute.
Szafnauer clarified his role—or lack thereof—in the situation, stating that he was not involved in the contractual oversight. “I had absolutely nothing to do with not signing Oscar Piastri correctly,” he said. “There was a contract after he finished his F2 career where Alpine had an option to sign Piastri as a Formula 1 driver. That contract was never executed.”
Piastri has since gone on to exceed expectations in his first two seasons in F1, proving his talent on the grid. Szafnauer acknowledged that, despite the mishandling of his contract, the young driver’s career trajectory has shown that perhaps everything worked out for the best.
Looking Ahead: Szafnauer’s Ambition for a New F1 Team
As Szafnauer moves on from his time at Alpine, he remains focused on his long-term ambitions to re-enter Formula 1 with an 11th team. His experience and deep understanding of the sport’s intricacies, along with his proven commitment to the teams he’s managed, position him as a strong candidate for a new venture in the world’s most prestigious motorsport.
The former F1 boss continues to share his insights and experiences, as seen in his recent appearance on the High Performance podcast, where he dives deeper into the behind-the-scenes stories of his F1 journey.