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Investment 'imminent' says Otmar Szafnauer as Force India nears sale
Force India's chief operating officer Otmar Szafnauer says much needed investment in the team is 'imminent' as it took a step closer to being sold this week. The Silverstone-based team is owned by Indian businessman Vijay Mallya, who is fighting extradition to face the Indian state over the collapse of his Kingfisher airline, which owes the government hundreds of millions dollars. It's likely Mallya will be extradited despite repeated appeals and with the vast majority of his assets already seized, it's beginning to impact the day-to-day running of the Formula 1 team. Documents reveal that on Wednesday, Force India Formula 1 Team Ltd, faced a winding up...
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6y ago from MotorsportWeek.com
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