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Mallya denies Force India takeover rumours
Vijay Mallya's representative has said Force India are not close to being taken over despite recent links of new ownership. Sports drinks company Rich Energy have long been linked with a takeover of the Formula 1 team, while Michael Andretti has also emerged as a potential new owner. Force India have cash-flow problems and asked Liberty Media for an upfront payment to get the through the winter. But, those financial problems have not made the prospect of a takeover move any closer. 'Nothing is happening. No sale or anything of Force India,' Mallya's representative told India's Business Standard. 'Formula One is notorious for people wanting to buy teams. I would take it with a pinch of...
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5y ago from PlanetF1.com
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