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Force India rubbishes buy-out rumors

Force India has released a statement in which it denies the team is on the verge of being sold, quashing rumors which emerged earlier this week. British media reported that a takeover group led by Rich Energy founder William Storey, backed by "a wealthy consortium of business figures" were involved in talks to acquire Force India, with the Daily Mail suggesting a price tag of $280 million. Mazepin gets Force India VJM11 roll-out privilege The Silverstone outfit moved to deny any ongoing negotiations with any party or takeover group. "Following recent media reports speculating on the sale of Force India Formula One Team Limited, the Company’s shareholders wish to clarify...
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6y ago from F1i.com 0
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