Ranger
12th October 2011, 22:29
Good news for the team and for F1. With the team being sponsored mostly by Mallya's brands this year I didn't think they were going anywhere soon.
Sahara Group becomes Force India co-owner - F1 news - AUTOSPORT.com (http://www.autosport.com/news/report.php/id/95295)
Indian sports promoter Sahara India Pariwar has taken a 42.5 per cent shareholding in the Force India team, which will be renamed Sahara Force India.
The $100 million deal was announced at a press conference in New Delhi today. Team principal Vijay Mallya retains 42.5 per cent ownership, with the remaining 15 per cent share remaining in the hands of the Mol family, who became co-owners during the squad's Spyker era.
Hopefully they will change that awful livery too! :p
Sahara Group becomes Force India co-owner - F1 news - AUTOSPORT.com (http://www.autosport.com/news/report.php/id/95295)
Indian sports promoter Sahara India Pariwar has taken a 42.5 per cent shareholding in the Force India team, which will be renamed Sahara Force India.
The $100 million deal was announced at a press conference in New Delhi today. Team principal Vijay Mallya retains 42.5 per cent ownership, with the remaining 15 per cent share remaining in the hands of the Mol family, who became co-owners during the squad's Spyker era.
Hopefully they will change that awful livery too! :p