News Details

Force India play down sale speculation

Force India on Thursday played down talk of a potential sale of the British-based Formula One 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...
Full Story »
7y ago from SuperSport.com 0
Share

You May Also Be Interested In...

Force India denies sale rumours, confirms Monday launch

The Force India F1 Team has rubbished claims it is in talks with a...
7y ago from MotorsportWeek.com

Force India F1 denies being under offer, confirms...

Force India has issued a statement denying its Formula 1 team is...
7y ago from Crash.net

Force India reportedly sold to energy drinks company

British energy drinks company Rich Energy is now rumoured to buy Formula...
7y ago from F1Technical.net

Force India denies buy-out rumours

Force India has issed a statement denying that an offer from a potential...
7y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Aprilia releases first statement regarding Jorge...

Aprilia has issued its first official statement on Jorge Martin amid...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

‘A shock and a pity:’ Penske drivers respond to...

The past five days have been adventurous for all the wrong reasons for...
12h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Liverpool, Chelsea and Barcelona monitoring Arsenal...

Liverpool, Chelsea, and Barcelona are among a host of sides keeping a...
38m ago from SportsKeeda.com

'Yesterday at dinner we decided' - Arsenal and...

Viktor Gyokeres' uncle, Chris Gyokeres, has claimed that the Swedish...
38m ago from SportsKeeda.com

“Arsenal were never going to win anything big with...

Liverpool legend Jamie Carragher has praised Arsenal manager Mikel Arteta...
1h ago from SportsKeeda.com

Exclusive: Premier League club could be forced to sell...

As the summer transfer window approaches, several Premier League giants,...
1h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.