Mallya confirms Force India part-sale

Global Motorsport Media

Oct.12 (GMM) Despite boss Vijay Mallya's recent denials, the part-sale of Silverstone based Force India was confirmed late on Wednesday.

Vijay Mallya Force India F1 Team Owner
Vijay Mallya Force India F1 Team Owner

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The team will be renamed Sahara Force India, the Indian billionaire sitting alongside conglomerate Sahara India's Subrata Roy announced in a Delhi hotel.

"On behalf of the Force India team, I am delighted to announce this partnership," said Mallya.

"Sahara India will invest 100 million dollars and will have a 42.5 per cent equity share," he revealed, according to Indian commercial broadcaster NDTV.

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About this article
Series Formula 1
Teams Force India
Tags force india, mallya