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 »
10y 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...
10y 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...
10y 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,...
10y ago from Motorsport.com
Andretti: The glorious days of F1 are now
American motor racing legend Mario Andretti has counted himself out of...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
1d ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
2d ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott McLaughlin: Arlington “instantly my most...
No description available...
10h ago from Motorsport.com
IndyCar drivers praise Fast Six qualifying format...
No description available...
12h ago from Motorsport.com
McLaughlin sets the early pace in IndyCar’s first...
The NTT IndyCar Series took to the track on a brand new street course...
11h ago from MotorsportWeek.c...
Pato O'Ward on the 'red flag' that has prevented an...
No description available...
15h ago from Motorsport.com
Popular On TotalWRC.com
Solberg clings on to Safari Rally lead as Ogier hunts...
Oliver Solberg started Friday with a 33.3 second lead over Elfyn Evans...
16h ago from MotorsportWeek.c...
WRC Safari Rally Kenya: Why 'you would be faster with...
No description available...
15h ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg hangs on to...
No description available...
17h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg takes early lead...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
Barcelona and Arsenal dealt blow as European rivals...
Barcelona and Arsenal are allegedly expected to be opposed by Ligue 1 side...
1h ago from SportsKeeda.com
Chelsea dealt blow as Pedro Neto learns punishment for...
Chelsea star Pedro Neto has been handed a one-game ban for his reaction to...
2h ago from SportsKeeda.com
Euro giants ready to move for in-form Arsenal star...
Arsenal defender Jakub Kiwior is reportedly attracting transfer interest...
1h ago from CaughtOffside.com
Rotation can make Arsenal less predictable for Everton...
Morning all. It's a big one today, they're all big ones at this stage to...
1h ago from Arseblog.com
Comments
Hottest News
F1: Antonelli makes F1 history
Kimi Antonelli becomes the youngest pole-sitter... Read More »
1h ago from Pitpass.com
Lewis Hamilton spills major Mercedes F1 secret at Chinese GP
Seven-time F1 champion Lewis Hamilton has been... Read More »
30m ago from GPFans.com
Aston Martin explain Adrian Newey absence at Chinese Grand...
Aston Martin F1 team have explained the reason... Read More »
2h ago from GPFans.com
