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 »
9y 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...
9y ago from Motorsport.com
Force India signs Mazepin as development driver
Russian racer Nikita Mazepin has joined the ranks of the Force India...
9y ago from Motorsport.com
Force India hire their own ‘Plucky Teen'
F1 News Force India hire their own ‘Plucky Teen' Ecclestone says no...
9y ago from Formula1Blog.com
Mazepin grabs Force India Development Driver role
Rising Russian star Nikita Mazepin has become the latest driver to be...
9y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
9h ago from MotorsportWeek.c...
Marc Marquez hits out at criticism of brother Alex...
No description available...
8h ago from Motorsport.com
Alex Marquez set for surgery after Dutch MotoGP crash
No description available...
10h ago from Motorsport.com
MotoGP Dutch GP: Marc Marquez soaks up the pressure as...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
2d ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
3d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
5d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
WRC Acropolis Rally: Ott Tanak ends Hyundai’s...
No description available...
11h ago from Motorsport.com
Ott Tanak ends Hyundai’s victory drought
Ott Tanak and Martin Jarveoja clinched their and Hyundai’s first...
11h ago from MotorsportWeek.c...
Why Ott Tanak feared final stage drama could cost his...
No description available...
6h ago from Motorsport.com
FIA investigates WRC retirements due to fuel system...
No description available...
12h ago from Motorsport.com
Popular On GunnersToday.com
Papers: Gyokeres will refuse to return to Sporting to...
The top stories and transfer rumours from Monday's newspapers...
2h ago from SkySports.com
Decision made: Arsenal star is leaving the club...
Thomas Partey will officially leave Arsenal when his contract expires...
7h ago from CaughtOffside.com
Arsenal exploring deal for third striker amid Benjamin...
Arsenal are looking to sign a striker this summer, but so far, their...
7h ago from CaughtOffside.com
Arsenal latest: 'Partey to leave after contract...
No description available...
7h ago from SkySports.com
Comments
Hottest News
FIA issue Lando Norris disqualification verdict at Austrian...
The FIA have issued a comprehensive verdict for... Read More »
6h ago from GPFans.com
Ferrari take action over Austrian GP disqualification threat
Ferrari have taken action at this weekend's... Read More »
9h ago from GPFans.com
Max Verstappen reveals words to Kimi Antonelli after...
Max Verstappen has shared what he said to Kimi... Read More »
8h ago from RacingNews365.com
