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Force India to lose co-owner, title sponsor Sahara
Force India to lose co-owner, title sponsor Sahara Force India looks set to lose its major co-owner and title sponsor Sahara. The Indian conglomerate Sahara's chief, Subrata Roy, has been in a Delhi jail since 2014, and local reports say he is desperately trying to raise the money for bail. The Times of India says Sahara on Tuesday asked the supreme court for permission to sell its 42.5 per cent stake in Silverstone based Force India. 'As of now, we have sought the supreme court's permission to sell our various assets and that includes our shares in the formula one team,' a Sahara legal source told the Press Trust of India. 'Depending on how much we raise from other assets, we will decide...
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9y ago from ThisIsF1.com
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