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.

Comments

Latest Results




Latest F1 News

2018 F11 month ago

Lauda announces 2019 grand prix return

2SharesNiki Lauda has allayed fears that he might not return to his post at the grands prix with Mercedes. In...

2018 F11 month ago

Sauber still building staff numbers – Vasseur

2SharesSauber is still building up its staff numbers, boss Frederic Vasseur has revealed. The Swiss team almost collapsed two years...

2018 F11 month ago

Red Bull ‘will look to Verstappen’ in 2019 – Horner

2SharesMax Verstappen will have a more significant role at Red Bull next year. That is the view of Christian Horner,...

2018 F11 month ago

London could join Silverstone in F1 – Brawn

2SharesRoss Brawn says a grand prix in the centre of London would be “unacceptable”. But the F1 sporting chief thinks...

2018 F11 month ago

Kubica not offended by Vettel comments

2SharesRobert Kubica says he is not offended by comments made by quadruple world champion Sebastian Vettel. Ferrari’s Vettel said that...

2018 F11 month ago

Verstappen happy with Ricciardo replacement

2SharesMax Verstappen says he is happy with Red Bull’s pick for his new teammate. The Dutchman says he cannot understand...

2018 F11 month ago

Renault to keep working over Christmas

2SharesStaff at Renault’s works F1 team will work throughout the Christmas and New Year period. That is the news from...

2018 F11 month ago

Force India to launch 2019 car in Canada

2SharesForce India has become the second F1 team to announce a reveal date for its 2019 car. Ferrari boss Maurizio...

2018 F11 month ago

“it was a difficult experience, but it made me stronger,”- Sirotkin

2SharesSergey Sirotkin says his aim is to return to formula one in 2020. The Russian has been replaced at Williams...

2018 F11 month ago

McLaren success is ‘long term’ aim – Sainz

2SharesCarlos Sainz says McLaren is aiming for success only in the medium to long term. The Spaniard says he is...




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