News Details
Sahara's stake looks a hard sell
India's embattled Sahara conglomerate said it wants to sell its 42.5 percent stake in the Force India Formula One team to help release founder Subrata Roy from jail, but some motor racing insiders are sceptical about how easy it will be to find a buyer. Sahara, which paid $100 million for the shareholding in 2011, sought the Indian Supreme Court's permission this month to dispose of Force India and other assets to raise a combined 53 billion Indian rupees ($778.38 million) However, former Jordan, Jaguar and Red Bull marketing executive Mark Gallagher said such a sale would not be easy. "I don't think anybody will pay 100 million pounds, euros or dollars for 42.5 percent of a...
Full Story »
Full Story »
10y ago from SuperSport.com
0
You May Also Be Interested In...
Force India could surprise in early 2016 races
F1 News Force India could surprise in early 2016 races VIDEO: Ferrari's...
10y ago from Formula1Blog.com
Manor confirms Wehrlein for 2016 season
The Manor F1 team has announced Pascal Wehrlein as one of its drivers for...
10y ago from GrandPrixTimes.com
Hulkenberg upbeat ahead of 2016 season
Looking to build on their best ever finish in a Formula One season, Force...
10y ago from PlanetF1.com
GPUpdate lets readers quiz Szafnauer
– In 2016, GPUpdate.net is giving readers the opportunity to quiz...
10y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
30m ago from Motorsport.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
22h ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
23h ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
2d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
5d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
3d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
2d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
5d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arteta captivated, Arsenal confident of landing £40m...
Arsenal are interested in signing the Norwegian winger Jens Petter Hauge...
30m ago from CaughtOffside.com
Arsenal to bid for game-changer forward after 10 goals...
Anthony Gordon has been linked with a move away from Newcastle United at...
10m ago from CaughtOffside.com
Man United told they must 'overpay' after 'informal...
Myles Lewis-Skelly has been linked with a move away from Arsenal at the...
3h ago from CaughtOffside.com
Southampton away a chance to use the squad
Morning all. Well, here we go. The run-in begins with an FA Cup...
4h ago from Arseblog.com
Comments
Hottest News
Lewis Hamilton and Max Verstappen withdraw help from F1 star
Lewis Hamilton and Max Verstappen are usually the... Read More »
1h ago from GPFans.com
F1 ruined more than half a century of history with one...
Want to hear something that's stupid, but true?... Read More »
40m ago from GPFans.com
Max Verstappen predicted to re-enter talks over Mercedes F1...
Former Formula 1 driver Jolyon Palmer believed... Read More »
2h ago from MotorsportWeek.com
