News Details
Sahara's Force India 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 mid-level F1...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Sahara's stake looks a hard sell
India's embattled Sahara conglomerate said it wants to sell its 42.5...
9y ago from SuperSport.com
Force India could surprise in early 2016 races
F1 News Force India could surprise in early 2016 races VIDEO: Ferrari's...
9y ago from Formula1Blog.com
Wehrlein targets points with Manor in debut F1 season
Pascal Wehrlein says Formula 1 points are his target with Manor in 2016,...
9y ago from Motorsport.com
Andretti: The glorious days of F1 are now
American motor racing legend Mario Andretti has counted himself out of...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Sepang test: Honda leads rain-hit Day 2 as...
No description available...
39m ago from Motorsport.com
Yamaha halts Sepang MotoGP running while investigating...
No description available...
3h ago from Motorsport.com
MotoGP Sepang test: Marc Marquez tops Day 1 as Fabio...
No description available...
1d ago from Motorsport.com
Jorge Martin explains post-season surgeries: 'I...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher adjusting to life in IndyCar as maiden...
No description available...
14h ago from Motorsport.com
Reigning IndyCar champion Alex Palou gets new livery...
Chip Ganassi Racing has revealed a new livery for the #10 entry ahead of...
17h ago from MotorsportWeek.c...
IndyCar legend Dario Franchitti to race NASCAR Truck...
No description available...
18h ago from Motorsport.com
IndyCar, Monumental Sports & Entertainment partner for...
No description available...
19h ago from Motorsport.com
Popular On TotalWRC.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
22h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
1w ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Newcastle United set price for Arsenal and Chelsea to...
Newcastle United are preparing for a potentially intense summer transfer...
59m ago from CaughtOffside.com
Arsenal star Martin Zubimendi provides honest response...
Arsenal star Martin Zubimendi has opened up about his links to Real...
1h ago from SportsKeeda.com
'Might actually be at the bottom of the pile right...
N pundit Steve Nicole has urged Mikel Arteta to drop Viktor Gyokeres from...
1h ago from SportsKeeda.com
Arsenal 1-0 Chelsea: Havertz's late dagger exposes a...
Match report – Player ratings – Arteta reaction – Video...
3h ago from Arseblog.com
Comments
Hottest News
Christian Horner responds to ‘cheating’ accusation in...
Christian Horner has had his say on the ongoing... Read More »
48m ago from RacingNews365.com
Lewis Hamilton loses more key Ferrari staff just weeks...
Lewis Hamilton's team has undergone a reshuffle... Read More »
48m ago from GPFans.com
Vowles confident Williams won’t start F1 season ‘on the...
Williams may have missed the first public glimpse... Read More »
49m ago from F1i.com
