News Details
Sahara's stake looks a hard sell
India's embattled Sahara conglomerate said it wants to sell its 42.5 percent stake in the Force India Formula One team to help release founder Subrata Roy from jail, but some motor racing insiders are sceptical about how easy it will be to find a buyer. Sahara, which paid $100 million for the shareholding in 2011, sought the Indian Supreme Court's permission this month to dispose of Force India and other assets to raise a combined 53 billion Indian rupees ($778.38 million) However, former Jordan, Jaguar and Red Bull marketing executive Mark Gallagher said such a sale would not be easy. "I don't think anybody will pay 100 million pounds, euros or dollars for 42.5 percent of a...
Full Story »
Full Story »
9y ago from SuperSport.com
0
You May Also Be Interested In...
Force India could surprise in early 2016 races
F1 News Force India could surprise in early 2016 races VIDEO: Ferrari's...
9y ago from Formula1Blog.com
Manor confirms Wehrlein for 2016 season
The Manor F1 team has announced Pascal Wehrlein as one of its drivers for...
9y ago from GrandPrixTimes.com
Hulkenberg upbeat ahead of 2016 season
Looking to build on their best ever finish in a Formula One season, Force...
9y ago from PlanetF1.com
GPUpdate lets readers quiz Szafnauer
– In 2016, GPUpdate.net is giving readers the opportunity to quiz...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi eyes step at Dutch GP as Lorenzo...
No description available...
12h ago from Motorsport.com
Friday crash to affect Marc Marquez's approach to...
No description available...
14h ago from Motorsport.com
MotoGP Dutch GP: Marc Marquez beats brother to latest...
No description available...
16h ago from Motorsport.com
Marc Marquez secures Assen MotoGP Sprint victory
Marc Marquez secured an impressive MotoGP Sprint race victory in Assen...
17h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
1d 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,...
2d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
4d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak on the brink of Hyundai’s first victory of...
Ott Tanak and Martin Jarveoja dominated EKO Acropolis Rally Greece on...
11h ago from MotorsportWeek.c...
WRC Acropolis Rally: Ott Tanak pulls clear of...
No description available...
13h ago from Motorsport.com
Thierry Neuville slams Hankook tyres at WRC Acropolis...
No description available...
18h ago from Motorsport.com
WRC Acropolis Rally: Ott Tanak extends lead as Adrien...
No description available...
20h ago from Motorsport.com
Popular On GunnersToday.com
'As of today….': Club captain drops latest...
Arsenal have been linked with a move for the Valencia defender Cristhian...
9h ago from CaughtOffside.com
Report: Arsenal and Man United keen on star who...
AS Roma defender Evan Ndicka has been linked with a move away from the...
9h ago from CaughtOffside.com
Arsenal have 'made enquiries' for 25-G/A star but five...
Crystal Palace attacker Eberechi Eze has been linked with a move away from...
11h ago from CaughtOffside.com
“I hope it continues like this” - Valencia captain...
Valencia captain Jose Gaya has shared his thoughts on Arsenal's reported...
11h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Hamilton reveals bizarre Austrian GP...
Seven-time F1 champion Lewis Hamilton revealed... Read More »
38m ago from GPFans.com
Yuki Tsunoda makes sobering Max Verstappen assessment after...
Yuki Tsunoda was only 18th quickest in Austrian... Read More »
2h ago from RacingNews365.com
How ‘combination of factors' saw McLaren blitz...
McLaren Team Principal Andrea Stella revealed a... Read More »
8m ago from MotorsportWeek.com
