Force India could finally be on the brink of securing their future on the Formula 1 grid with rumours of a takeover by Lance Stroll's billionaire father Lawrence Stroll continuing.

On Friday, while the team was competing in practice before the Hungarian Grand Prix, COO Otmar Szafnauer revealed representatives were in court after the holding company was included on a winding-up list released by Companies Court in the UK last week, with a date initially set for an appearance on July 25.

The Silverstone-based squad has been up for sale for several years with the owner, Indian businessman Vijay Mallya, facing many legal problems in his home country having been accused of fraud and money laundering among other charges.

For much of the year, British energy drinks company Rich Energy has been linked to buying the team but now it is believed Stroll will be stepping in to save the team after entering administration.

Though the identity of a new investor was not mentioned, speaking to the press in Budapest, Szafnauer was confident a resolution was close.

“Within a week or at the most two, our financial future will become more clear and I believe much more secure,” he was quoted by Reuters.

Though suggesting administration wasn't the only option, the American continued: “Whichever route it is, I think the team will be fine. More than fine, actually."

This comes after comments earlier in the week by driver Sergio Perez, whose own financial backing from Mexico has been a key lifeline for Force India in recent years, with the 28-year-old admitting the situation was getting pretty desperate.

“At the moment the situation is critical,” he also told Reuters. “There’s no secret that the financial problems have held the team back quite a bit."

Regardless, the team, which has finished fourth in the Constructors' Championship each of the past two seasons, has remained somewhat competitive in the madness that is the midfield and is currently tied on points with Haas in fifth.

“It just shows the potential this team has,” Perez added.

Should Lawrence Stroll be confirmed as the new investor, whether in a takeover or just as a majority shareholder, it is anticipated Lance would also move from Williams, replacing Esteban Ocon who would likely join Renault.

The main question is whether Mercedes would allow one of their junior drivers would race with another manufacturer.

“With Valtteri and Lewis we have a line-up that is stable, that works for us, and at this stage, there is no opportunity within Mercedes," motorsport boss Toto Wolff acknowledged.

“If he [Ocon] has the opportunity somewhere else to be successful as a racing driver, and another team or another constructor to be successful with Esteban, we wouldn’t want to stand in the way."