News Details
Force India: There is no offer from potential investors
Force India played down talk of a potential sale of the British-based Formula 1 team owned by embattled tycoon Vijay Mallya. 'Following recent media reports speculating on the sale of Force India Formula One Team Limited, the company’s shareholders wish to clarify that there is no offer from potential investors under consideration,' the team said in a statement. Force India have finished fourth in the championship for the past two seasons despite Mallya's financial difficulties and problems with the Indian government. Mallya is fighting a request to extradite him from Britain to face fraud charges in India related to the collapse of his Kingfisher Airlines. The beer and spirits mogul,...
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8y ago from GrandPrix247.com
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