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

Marc Márquez seals seventh straight MotoGP...

t;li>Ducati rider extends world title lead to 175 pointsJorge Martín...
1h ago from TheGuardian.com

Popular On IndyCarToday.com

IndyCar Milwaukee – Qualifying Results

All 27 drivers of the NTT IndyCar Series buckled in and completed two of...
19h ago from MotorsportWeek.c...

Three Honda drivers to take IndyCar grid penalties at...

The NTT IndyCar Series has announced three grid penalties for this...

Josef Newgarden tops the timesheets for Milwaukee’s...

The NTT IndyCar Series took to the historic Milwaukee Mile on Saturday...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal agree record deal to sign 16-year-old talent

Arsenal have had a very productive summer transfer window, and they have...
6h ago from CaughtOffside.com

Manchester United closing in on deal to sign...

Manchester United are close to securing the services of Senne Lammens,...
5h ago from SportsKeeda.com

John Terry reacts as Arsenal talent Max Dowman says...

Chelsea legend John Terry was among those who commented on teenager Max...
6h ago from SportsKeeda.com

Real Madrid set to be rivaled by PL giants for...

Real Madrid will reportedly face competition from Arsenal in their pursuit...
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.