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 »
10y 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...
10y ago from Motorsport.com
Force India signs Mazepin as development driver
Russian racer Nikita Mazepin has joined the ranks of the Force India...
10y ago from Motorsport.com
Force India hire their own ‘Plucky Teen'
F1 News Force India hire their own ‘Plucky Teen' Ecclestone says no...
10y ago from Formula1Blog.com
Mazepin grabs Force India Development Driver role
Rising Russian star Nikita Mazepin has become the latest driver to be...
10y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
MotoGP completes investigation into Brazilian GP...
No description available...
13h ago from Motorsport.com
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
18h ago from Motorsport.com
Jorge Martin: Brazilian MotoGP podium ‘feels...
Jorge Martin admits that his double podium from the Brazilian MotoGP...
17h ago from MotorsportWeek.c...
Ducati: “We can’t always rely on Marc Marquez to...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
10h ago from MotorsportWeek.c...
Will Power: “You cannot have a weakness” going...
No description available...
11h ago from Motorsport.com
Carb day concert line-up announced for Indy 500
Indianapolis Motor Speedway has announced which bands will be playing on...
16h ago from MotorsportWeek.c...
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
4d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
£60m star 'would jump at the chance to sign for...
Arsenal reportedly look likely to make changes at right-back this summer...
1h ago from CaughtOffside.com
Theo Walcott urges one Arsenal star to reject...
Former Arsenal attacker Theo Walcott hopes that 16-year-old Gunners...
1h ago from SportsKeeda.com
Not one or other, but both
Morning all. Let's start with Arsenal Women this morning who took a big...
27m ago from Arseblog.com
Arsenal's Eze suffers injury set-back just as he was...
Arsenal's Eberechi Eze is set to miss several weeks because of a calf...
10h ago from SkySports.com
Comments
Hottest News
Ferrari queries Mercedes ‘two-phase' front wing
Mar.25 Ferrari has approached the FIA for... Read More »
1h ago from OneStopStrategy.com
F1 News Today: Christian Horner return faces hijacking as...
Christian Horner's route back into F1 with a... Read More »
1h ago from GPFans.com
Newey ‘not doing well' as crisis deepens – Marko
Mar.25 Dr Helmut Marko has revealed he has been... Read More »
1h ago from OneStopStrategy.com































