Thread: Sahara Group invests $100m in Force India Formula 1

Indian conglomerate Sahara has announced a deal to buy a large stake in the Force India Formula 1 team.
The company will invest $100m (£63m) for a 42.5% stake, making it co-owner with the team's co-founder Vijay Mallya, who will remain team principal.

The money will be used to invest in new technology to improve performance, a company statement said.

Sahara has a number of sporting interests and sponsors the Indian national cricket team.
"Formula 1 car racing has always remained the bastion of the western world," said company chairman Subrata Roy Sahara.
"The advent of India in this exciting sport has remained a matter of pride for all our countrymen. I feel doubly proud that Sahara is the co-owner of India's only Formula 1 team and I am sure that through Sahara Force India, we will together bring pride and laurels to our beloved nation."
Following the deal, the Moll family from the Netherlands, which helped found the team with Mr Mallya, will hold the remaining 15% stake.
Force India currently lies sixth in the Formula 1 constructors' table.

- BBC

now we entered in Formula one car race too when we enter in Football world cup??

I want to see fight against Brazil/Argentina/England/Spain/ Playing against INDIA (off course one on one)

Originally Posted by Jayesh

now we entered in Formula one car race too when we enter in Football world cup??

I want to see fight against Brazil/Argentina/England/Spain/ Playing against INDIA (off course one on one)

You have left out Germany. Don't you like India playing Germany?

actually too many names in line forgot sm names

Originally Posted by Jayesh

actually too many names in line forgot sm names

I live in Germany a long time now. Anyone who knows about football also know about the German "Bundesliga".