You are here: Home » Companies » News
Business Standard

Formula One: Force India open to offers, says Vijay Mallya

Mallya says he had lost count of how many offers he had received for the team, and expected that to continue with changes in the distribution of prize money expected from 2021

Reuters  |  Silverstone, England 

Force India’s shareholders would consider serious offers for the British-based Formula One team but there are none at present, according to co-owner and principal Vijay Mallya. The Indian businessman, who has a 42.5 per cent stake, said there was a possibility of main sponsor BWT getting more involved and changing the team’s name. “If somebody comes along and wants to pay an attractive price for anything, you have to put your commercial hat on and think about it commercially, not emotionally,” Mallya told Reuters at the British Grand Prix. ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, July 09 2018. 02:42 IST
RECOMMENDED FOR YOU