News Details
Force India set to lose co-partner Sahara
Force India is set to lose Sahara as one of its partners, with the Indian conglomerate now planning to sell its stake in the Formula 1 team. The Sahara India Pariwar's founder and chairman Subrata Roy has been in jail since March 2014 due to a long-running investor fraud case back in India. In order to raise money that must be repaid to investors, the company approached the Supreme Court of India to sell assets - including its F1 stake, along with several hotels and four of its aircraft. The total value to be raised by the sale of the F1 shares, hotels, and aircraft is approx $441 million or Rs. 3,000 crores. Sahara had purchased 42.5 percent of shares in Force India back in 2011, worth...
Full Story »
Full Story »
10y ago from Motorsport.com
0
You May Also Be Interested In...
Pirelli: 'Maximum attack' meeting a good opportunity...
Pirelli believes next week's meeting in Italy with drivers and teams...
10y ago from Motorsport.com
Force India signs Mazepin as development driver
Russian racer Nikita Mazepin has joined the ranks of the Force India...
10y ago from Motorsport.com
Force India hire their own ‘Plucky Teen'
F1 News Force India hire their own ‘Plucky Teen' Ecclestone says no...
10y ago from Formula1Blog.com
Mazepin grabs Force India Development Driver role
Rising Russian star Nikita Mazepin has become the latest driver to be...
10y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta fears intense MotoGP format means shorter...
No description available...
6h ago from Motorsport.com
Shoulder injury pushes Marc Marquez into his...
No description available...
1d ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
2d ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
OpenAI expands partnership with Chip Ganassi Racing to...
No description available...
22m ago from Motorsport.com
IndyCar representatives visit the Goiânia Raceway and...
No description available...
1d ago from Motorsport.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
3d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Croatia: Driver crashes… then sits down for...
No description available...
17h ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
1d ago from MotorsportWeek.c...
Devastated Thierry Neuville vows to "come back...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“I’m not serious about anything in life” -...
Manchester City fan Tal Rehman has revealed how he got hold of an Arsenal...
32m ago from SportsKeeda.com
“Most entitled bunch I’ve ever seen” - Rio...
Rio Ferdinand has slammed Arsenal fans for booing after their defeat...
1h ago from SportsKeeda.com
Tactics, tension and talk: How does Arteta stop...
The Premier League title race has brought up many iconic images down the...
3h ago from SkySports.com
Arsecast Extra Episode 690 – 13.04.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
5h ago from Arseblog.com
Comments
Hottest News
Max Verstappen wins in court of public opinion over F1...
Max Verstappen has been backed over his staunch... Read More »
52m ago from RacingNews365.com
Female driver who 'impressed' Lewis Hamilton gives update...
F1 hopeful and Mercedes development driver... Read More »
1h ago from GPFans.com
Martin Brundle takes aim at 'utter clickbait nonsense'
Martin Brundle has set the record straight about... Read More »
22m ago from RacingNews365.com
