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 »
10y 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...
10y ago from Formula1Blog.com
Manor confirms Wehrlein for 2016 season
The Manor F1 team has announced Pascal Wehrlein as one of its drivers for...
10y ago from GrandPrixTimes.com
Hulkenberg upbeat ahead of 2016 season
Looking to build on their best ever finish in a Formula One season, Force...
10y ago from PlanetF1.com
GPUpdate lets readers quiz Szafnauer
– In 2016, GPUpdate.net is giving readers the opportunity to quiz...
10y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Aleix Espargaro hospitalised after crash in Sepang...
No description available...
14h ago from Motorsport.com
Pedro Acosta says teaming up with Marc Marquez would...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
2h ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
8h ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
7h ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai brings updates to WRC Rally Croatia, but will...
No description available...
7h ago from Motorsport.com
Motorsport Week is hiring – Rally and Sportscar...
Motorsport Media Services are looking to expand its coverage, and in...
1d ago from MotorsportWeek.c...
How Takamoto Katsuta’s maiden WRC win is impacting...
No description available...
1d ago from Motorsport.com
Hyundai continues to honour Craig Breen's memory
Hyundai Shell Mobis World Rally Team will run a special livery at this...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Liverpool eye long-term attacking solution with move...
Christian Kofane could be on the move during the summer transfer window,...
3h ago from CaughtOffside.com
Arsenal, Chelsea & Man United want one of PL's...
Morgan Rogers has been linked with a move away from Aston Villa at the end...
4h ago from CaughtOffside.com
'Might need someone like him to lean on' - Rio...
Manchester United legend Rio Ferdinand believes Max Dowman will be a key...
4h ago from SportsKeeda.com
Manchester United handed boost as Arsenal ready to...
Manchester United has reportedly been handed a boost in their pursuit of...
4h ago from SportsKeeda.com
Comments
Hottest News
How will Williams strenghten its structure with an engineer...
Williams has strengthened its technical... Read More »
1h ago from F1Technical.net
Another Red Bull F1 chief could be about to follow GP out...
A Red Bull F1 chief could also follow Gianpiero... Read More »
3h ago from GPFans.com
F1 champion Lando Norris spotted with model after split...
2025 F1 world champion Lando Norris has been... Read More »
2h ago from GPFans.com
