Connect with us

2018 F1

Rich energy talks buy Force India F1 team in $280m deal

Published

on

  • 2
    Shares

Force India is in talks to be taken over.

British newspapers The Sun and the Daily Mail report that talks are taking place with a consortium led by British energy drink company Rich Energy.

The news comes as the Silverstone based team considers changing its name, and amid owner and boss Vijay Mallya’s well-publicised legal troubles.

The reports say the takeover group is led by Rich Energy founder William Storey but also backed by “a wealthy consortium of business figures”.

Rich Energy and Force India would not comment, but the Daily Mail cited sources that suggested the deal could be worth $280 million.

Loading...

Comments

Latest F1 News

Latest F1 News

2019 F12 months ago

Vettel ‘has no future at Ferrari anymore’ – Red Bull boss

2SharesSebastian Vettel has “no future at Ferrari”, according to his former boss Dr Helmut Marko. Despite having arguably the fastest...

2019 F12 months ago

Leclerc girlfriend reveals Ferrari’s F1 star ended relationship with her

2SharesCharles Leclerc’s former girlfriend has revealed that the Ferrari driver “left me” in order to focus on his Formula 1...

2019 F12 months ago

Hamilton seizing advantage of Vettel DNF to seal Russian GP

2SharesChampionship leader Lewis Hamilton took the advantages with the Russian Grand Prix victory after race leader Sebastian Vettel’s retirement. During...

2019 F12 months ago

McLaren split with Renault for Mercedes in 2021 F1

2SharesMcLaren split with engine supplier Renault over a disagreement about Formula 1 strategy, according to Cyril Abiteboul. “It was apparent...

2019 F12 months ago

The manager says secrecy around Schumacher’s health is “difficult” to understand

2SharesNews of the Seven time F1 world champion, Michael Schumacher being “out of a coma” went viral on June 2014,...

2019 F12 months ago

Mercedes no favourite at remaining races in 2019 – Hamilton

2SharesMercedes will no longer be the favourite at any of the remaining races in 2019, according to Lewis Hamilton. Despite...

2019 F12 months ago

Renault F1 criticises FIA over penalty

2SharesCyril Abiteboul has accused the FIA of being inconsistent about how it hands out penalties for sporting and technical infractions....

2019 F12 months ago

Ferrari ‘hungrier than Mercedes’ – Hamilton

2SharesChampionship leader Lewis Hamilton criticised Mercedes after the Singapore GP. The Briton was not even on the podium on Sunday,...

2019 F12 months ago

Hamilton warns he could lose 2019 F1 title

2SharesLewis Hamilton has warned Mercedes that he risks not winning the 2019 world championship. The Briton’s championship lead is actually...

2019 F12 months ago

Charles Leclerc is Ferrari’s “No: 1 driver” – JJ Lehto

2SharesCharles Leclerc is now Ferrari’s “number 1 driver”. That is the view of JJ Lehto, who was once the supporting...

Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

References
We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media