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 »
7y 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....
7y 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...
7y ago from Crash.net

Force India question new telemetry rules

Force India boss Otmar Szafnauer has questioned Liberty Media’s...
7y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

McLaren wins contract breach suit against Alex Palou

McLaren has prevailed in its lawsuit against star IndyCar driver Alex...

Popular On TotalWRC.com

Oliver Solberg crowned the youngest ever Rallye Monte...

Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...

Popular On GunnersToday.com

Arsenal vs Kairat Prediction and Betting Tips |...

Arsenal take on Kairat at home in their final UEFA Champions League league...
3h ago from SportsKeeda.com

Arteta's issues analysed as the pressure starts to...

Arsenal have not won the Premier League title for 22 years - is it it...
7h ago from SkySports.com

“I don’t want him to be ‘Mr. Nice Guy’...

Former Arsenal midfielder Emmanuel Petit has urged Declan Rice to be more...
6h 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.