News Details

Force India buyout deal 'is done' - source

May 25 A takeover of the Force India team is still in the works. Earlier, the Silverstone based team considered a name change for 2018, amid rumours a consortium led by British energy drink Rich Energy was in talks. But according to Euronews, the deal is still on and could be completed within weeks. 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 »
Share

You May Also Be Interested In...

Mallya points to recent history for Force India form...

Force India team principal Vijay Mallya says his squad’s upturn in...
4mo ago from Crash.net

Latifi's father linked with McLaren deal

May 21 The father of Force India reserve driver Nicholas Latifi is...
4mo 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...
4mo ago from TheCheckeredFlag....

Force India's Vijay Mallya: 'Monaco is always a great...

The team principal of the Sahara Force India F1 Team, Vijay Mallya, feels...
4mo ago from TheCheckeredFlag....

Elsewhere On The Network

Popular On MGPToday.com

How Marc Marquez can win his fifth title in Japan

This weekend's MotoGP Japanese Grand Prix presents Marc Marquez with...

‘Marquez can beat my records', reckons...

Nine-time world champion Valentino Rossi has stated he is not bothered...
1d ago from BikeSportNews.com

Popular On IndyCarToday.com

Ed Jones switches to Ed Carpenter Racing with Scuderia...

Ed Carpenter Racing has confirmed Ed Jones will join the team for the...

James Hinchcliffe reflects on an emotional &...

Schmidt Peterson's James Hinchcliffe has taken time to reflect on a...

Popular On TotalWRC.com

Lappi Moves To Citroen Alongside Ogier for 2019

Citroën Total Abu Dhabi WRT have announced that Esapekka Lappi will move...
11h ago from TheCheckeredFlag...

Meeke Joins Tänak And Latvala At Toyota For 2019

Kris Meeke has been confirmed to drive for the Toyota Gazoo Racing World...
11h ago from TheCheckeredFlag...

Citroen signs Lappi from Toyota

No description available...
13h ago from Motorsport.com

Popular On GunnersToday.com

A Tale of Two Teams: Sanchez with Arsenal vs. Man...

wing a glittering three and a half seasons at Arsenal, it's clear Alexis...
3h ago from ESPNFC.co.uk

Arsenal star Alex Iwobi leaves fans drooling with...

ARSENAL star Alex Iwobi pulled off a brilliant pass for Nigeria last night...
3h ago from DailyStar.co.uk

Arsenal v Leicester: Matchday itinerary

Here's the planned timeline for the matchday experience at Emirates...
4h ago from Arsenal.com

International Watch: A complete round-up

Nine first-team and 12 academy players featured for their countries...
9h ago from Arsenal.com

Comments

Hottest News

Mercedes receive all-clear on wheel design

Mercedes have been given the all-clear by the FIA... Read More »
5h ago from GPBlog.com

Vettel warned Leclerc won't be number two at Ferrari

Sebastian Vettel at Ferrari and says he will be... Read More »
11h ago from GPFans.com

Weather update in Austin: Floods at COTA!

Because of the massive amounts of rain, the... Read More »
1d ago from GPBlog.com

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.