Force India confirms new investment

Force India has confirmed new investment from and co-ownership by Sahara India Pariwar, a leading promoter and patron of sports run by Saharasri Subrata Roy Sahara. The outfit will be known as Sahara Force India F1 Team.

Dr Vijay Mallya and Sahara India Pariwar will both have 42.5% stakes, while the Dutch Mol family will retain 15%.

Mallya said: “I am delighted to welcome Saharasri Subrata Roy Sahara as Chairman of Sahara Force India. It has indeed been a matter of pride for me to put India on the F1 map with Force India and raise the performance of the team to its current levels.

“The Sahara Group has played a very important role in the development of sport in the country and is an ideal partner to take the Force India F1 Team to greater success in the Formula One World Championship.”

Meanwhile Saharasri Subrata Roy Sahara said: “India is reaching new heights in all spheres, including sports. Formula One car racing has always remained a bastion of the western world. 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 F1 team and I am sure that through the Sahara Force India F1 Team, we will together bring pride and laurels to our beloved nation.”

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One response to “Force India confirms new investment

  1. kf1's avatar kf1

    The F1 world is going to see the might of India’s economy and it’s private sector in the coming years I am sure.

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