News Details

'No stopping' the Force India takeover

A source says a takeover bid of Force India is still on, and could be completed within weeks. Earlier this year, the Silverstone based team considered a name change for 2018, amid rumours a consortium led by British energy drink Rich Energy was in talks. Sources said Rich Energy chief William Storey has "finalised terms with Vijay Mallya and Subrata Roy to buy the team for an undisclosed sum." The source said: "The deal is done, only the paperwork needs to be completed. It's a big investment and it's going to shake things up a lot. "It's taken a long time to do the deal but there's no stopping the sale now."
Full Story »
8y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Force India buyout deal 'is done' - source

May 25 A takeover of the Force India team is still in the works....
8y ago from OneStopStrategy.com

'Interesting To See A Young Driver Grow' Force India's...

Sahara Force India F1 Team chief race engineer, Tom McCullough feels it...

Force India chief warns against ‘dumbing down’ F1

Force India chief operating officer Otmar Szafnauer has warned Formula 1...
8y ago from Crash.net

Force India question new telemetry rules

Force India boss Otmar Szafnauer has questioned Liberty Media’s...
8y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Dennis Hauger’s rookie IndyCar season ‘filled with...

Dennis Hauger is leading IndyCar’s rookie points standings, but...
14h ago from MotorsportWeek.c...

David Malukas: Road course gains due to hard work off...

David Malukas is still looking for his first IndyCar win, but the Team...

Rosenqvist set to depart MSR at end of season

Recent Indianapolis 500 winner Felix Rosenqvist is set to depart Meyer...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Tottenham ready to rival Arsenal for £80m...

Tottenham are reportedly not done with their transfer spending yet as they...
1h ago from CaughtOffside.com

England leave it late, Rice is knackered, Trossard...

Morning all. Arsenal's England contingent are through to the Round of 16...
1h ago from Arseblog.com

Arsenal star Declan Rice provides injury update after...

Arsenal star Declan Rice has provided an update on his injury following...
5h ago from SportsKeeda.com

'Offers nothing to the team', 'Not good enough' - Fans...

England fans are expressing their frustration at Thomas Tuchel on X after...
18h ago from SportsKeeda.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.