2018 F1

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

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

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

To Top