Force India co-owners Sahara are seeking to sell their stake in the Formula 1 team as part of efforts to raise cash and free jailed founder Subrata Roy. Roy was arrested in March 2014 after the embattled conglomerate failed to comply with a Supreme Court order to refund money they had raised from millions of small investors through the sale of bonds later ruled to be illegal. The group has been trying to raise funds since Roy's arrest to comply with the order to return 360 billion rupees ($5.3 billion). The British-based Formula One team, co-owned with liquor baron Vijay Mallya, is among the prized assets of the company that is a household name in India as the former main sponsor of the...
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