News Details
Sahara's stake looks a hard sell
India's embattled Sahara conglomerate said it wants to sell its 42.5 percent stake in the Force India Formula One team to help release founder Subrata Roy from jail, but some motor racing insiders are sceptical about how easy it will be to find a buyer. Sahara, which paid $100 million for the shareholding in 2011, sought the Indian Supreme Court's permission this month to dispose of Force India and other assets to raise a combined 53 billion Indian rupees ($778.38 million) However, former Jordan, Jaguar and Red Bull marketing executive Mark Gallagher said such a sale would not be easy. "I don't think anybody will pay 100 million pounds, euros or dollars for 42.5 percent of a...
Full Story »
Full Story »
10y ago from SuperSport.com
0
You May Also Be Interested In...
Force India could surprise in early 2016 races
F1 News Force India could surprise in early 2016 races VIDEO: Ferrari's...
10y ago from Formula1Blog.com
Manor confirms Wehrlein for 2016 season
The Manor F1 team has announced Pascal Wehrlein as one of its drivers for...
10y ago from GrandPrixTimes.com
Hulkenberg upbeat ahead of 2016 season
Looking to build on their best ever finish in a Formula One season, Force...
10y ago from PlanetF1.com
GPUpdate lets readers quiz Szafnauer
– In 2016, GPUpdate.net is giving readers the opportunity to quiz...
10y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Victoria Government rejects MotoGP requests to move...
The Victoria State Government has rejected a request from MotoGP to move...
17h ago from MotorsportWeek.c...
Australian government rejects MotoGP proposal to race...
No description available...
21h ago from Motorsport.com
Dorna Sports unveils rebrand as part of MotoGP...
Dorna Sports has announced it will be officially known as MotoGP Sports...
21h ago from MotorsportWeek.c...
Carlos Ezpeleta: 'We are in hurry to lay foundations...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
David Malukas heads the timesheets in opening IndyCar...
The NTT IndyCar Series held the first of two open test days at Phoenix...
7h ago from MotorsportWeek.c...
David Malukas paces first day of Unser IndyCar Open...
No description available...
7h ago from Motorsport.com
George Barber, founder of iconic IndyCar venue, passes...
Barber Motorsports Park has announced that founder of the iconic track...
12h ago from MotorsportWeek.c...
Dale Coyne “would like to be in the game” for...
No description available...
9h ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
2d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
2d ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Wolves away a chance to extend the lead at the top
Morning. Arsenal can go 7 points clear at the top of the Premier League...
46m ago from Arseblog.com
Julian Alvarez makes transfer decision amid Arsenal...
Julian Alvarez has reportedly decided he favours a transfer to Barcelona...
1h ago from CaughtOffside.com
‘Different but the same’: how Arsenal are keeping...
tandem with Game Day Vision, the Premier League club are improving the...
26m ago from TheGuardian.com
Report: Arsenal lead Tottenham in race to sign German...
Arsenal are reportedly in a strong position to secure the signature of...
1h ago from CaughtOffside.com
Comments
Hottest News
LIVE: 2026 F1 Bahrain Pre-Season 2nd Test – Day 1
Follow along with the opening day of the second... Read More »
2h ago from RacingNews365.com
Aston Martin is 'a real funeral' but F1 insider says Adrian...
All is not well at Aston Martin. Read More »
1h ago from GPFans.com
George Russell knows Mercedes have got a package!
George Russell has been oozing with confidence... Read More »
1h ago from GrandPrix247.com
