News Details
Force India co-owner Sahara looks to sell stake
XPB Images
The Sahara Group has requested permission from India's Supreme Court to sell its 42.5% stake in Force India. It was reported on Tuesday that the group - whose chairman Subrata Roy was jailed in 2014 for failing to repay £2.45billion to investors - has requested to sell its stake in the team as well as four aircraft and multiple hotels including London's Grosvenor House in an attempt to raise significant funds towards clearing the Indian conglomerate's debts. Sahara purchased its stake in Force India in October 2011, paying £63million ($100m) as the team was re-named Sahara Force India. Vijay Mallya also owns 42.5% of the team, while the remaining 15% is owned...
Full Story »
Full Story »
You May Also Be Interested In...
Sahara set to sell its 42.5 per cent stake in Force...
Indian conglomerate Sahara India Pariwar is set to sell its stake in the...
9y ago from GrandPrixTimes.com
Force India set to lose co-partner Sahara
Force India is set to lose Sahara as one of its partners, with the Indian...
9y ago from Motorsport.com
Force India hire their own ‘Plucky Teen'
F1 News Force India hire their own ‘Plucky Teen' Ecclestone says no...
9y ago from Formula1Blog.com
Force India signs Mazepin as development driver
Russian racer Nikita Mazepin has joined the ranks of the Force India...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Marc Marquez has “determination of a rookie...
No description available...
15h ago from Motorsport.com
KTM’s 850cc engine for 2027 MotoGP season breaks...
No description available...
1d ago from Motorsport.com
Why Ducati faces its most complicated contract renewal...
No description available...
2d ago from Motorsport.com
Why Jack Miller and Alex Rins see more potential in...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar looking to add ‘more events, not just...
IndyCar has identified a need to make sure future races on the calendar...
1d ago from MotorsportWeek.c...
JHR retains Sting Ray Robb for second season
Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...
4d ago from MotorsportWeek.c...
Sting Ray Robb to continue with Juncos Racing for 2026...
No description available...
4d ago from Motorsport.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
1d ago from Motorsport.com
Oliver Solberg steps up WRC 2026 preparations with...
No description available...
2d ago from Motorsport.com
Hyundai World Rally Team reverts to shared third car...
Hyundai Motorsport has announced its full line-up for the 2026 FIA World...
1d ago from MotorsportWeek.c...
Sports quiz of the week: Premier League goals, Ashes...
No description available...
1d ago from TheGuardian.com
Popular On GunnersToday.com
“These are not young players anymore, you should...
Former Sunderland manager Martin O'Neill has criticized Arsenal winger...
7h ago from SportsKeeda.com
Mikel Arteta press conference today as Arsenal manager...
Arsenal manager Mikel Arteta has given his thoughts to the press after his...
9h ago from CaughtOffside.com
'Arsenal are going to…' – Pep Guardiola...
Manchester City manager Pep Guardiola has responded to Arsenal dropping...
9h ago from CaughtOffside.com
0 shots, 0 key passes: Arteta needs to stop starting...
Arsenal's makeshift striker Mikel Merino had a very poor game against...
10h ago from CaughtOffside.com
Comments
Hottest News
McLaren send cheeky request to Red Bull in F1 title decider
McLaren CEO Zak Brown couldn’t resist one last... Read More »
7h ago from GPFans.com
F1 2025 Abu Dhabi Grand Prix – Qualifying Results
Red Bull's Max Verstappen has claimed pole... Read More »
12h ago from MotorsportWeek.com
F1 title race is set to be ruined and not because of...
There is only one thing everyone is talking about... Read More »
14h ago from GPFans.com
