Vital Login
Social Login

Other Sites

Network Navigation

Vital Partners

'If It's F1, It's Vital'

Sahara Group buys into Force India

Sahara India Pariwar an Indian sports promoter has invested $100 million into the Force India Formula One team.

Sahara India Pariwar will take a 42.5% stake in the team following the investment, leaving them as co-owners with team principal and managing director Dr Vijay Mallya retaining an equal 42.5% stake with the remaining 15% owned by the Mol family.

It isn't completely clear what the partnership will bring the team in experience as Sahara India Pariwar has an expertise in financial services, real estate, media, IT and tourism, however the deal is obviously lucrative which will enable the Force India team to develop over the coming years.

“India is reaching new heights in all spheres, including sports, Formula One 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. chairman of Sahara India Pariwar, Subrata Roy Sahara told formula1.com at the press conference in New Delhi on Tuesday.

“I feel doubly proud that Sahara is the co-owner of India’s only F1 team and I am sure that we will together bring pride and laurels to our beloved nation.”

The investment by Sahara India Pariwar brings the first major change to the team since the Mallya-Mol consortium bought the team in 2007 [Previously Spyker, Midland, Jordan].

Force India team principal Vijay Mallya added: “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.”








Join Vital F1

It's easy to join up and join in on VitalF1.com, simply click the link and enjoy getting involved!

If you are already a member of Vital Football, your logins will automatically work on VitalF1.com!

The Journalist

Writer: Red5 Mail feedback, articles or suggestions

Date:Thursday October 13 2011

Time: 10:00AM

Your Comments

the money these people have, just beggars belief really doesn't it?! I can't afford a matchbox car at the moment LOL
The Fear
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Vital F1 Articles

Introducing Max Verstappen (Tuesday August 19 2014)

2014 Ferrari doesn't suit Kimi (Tuesday August 19 2014)

Who will win the Belgian Grand Prix? (Monday August 18 2014)

New Ground For Mercedes (Monday August 18 2014)

Lowe rejects Newey claim (Friday August 15 2014)

Kimi targets race wins in 2015 (Tuesday August 12 2014)

Grosjean uncertain over future (Monday August 11 2014)

Blog: Time for Bernie to go (Thursday August 7 2014)

Nico didn't get close enough - Wolff (Wednesday August 6 2014)

New deal for Australia (Monday August 4 2014)

Luck will turn for Vettel (Monday August 4 2014)

Newey critical of 'GP1' era (Friday August 1 2014)

McLaren made catastrophic error (Friday August 1 2014)

Ericsson and Perez ok after crashes (Wednesday July 30 2014)

Blog: Hungarian GP Report (Tuesday July 29 2014)

Lauda backing for Hamilton (Monday July 28 2014)

2014 - Hungary - Race (Sunday July 27 2014)

Blog: Hungaroing Qualifying (Sunday July 27 2014)

2014 - Hungary - Qualifying (Saturday July 26 2014)

2014 - Hungary - FP3 (Saturday July 26 2014)

2014 - Hungary - FP2 (Friday July 25 2014)

2014 - Hungary - FP1 (Friday July 25 2014)

Could F1 pull Russian Grand Prix? (Thursday July 24 2014)

F1 return to Mexico confirmed (Thursday July 24 2014)

McLaren and Mercedes target Vettel (Thursday July 24 2014)

Wolff predicts Abu Dhabi showdown (Wednesday July 23 2014)

Who will win in Hungary? (Tuesday July 22 2014)

Blog: German GP Report (Tuesday July 22 2014)

Alonso loved Ricciardo tussle (Monday July 21 2014)

Button backtracks (Monday July 21 2014)

What a week for Rosberg (Monday July 21 2014)

2014 - Germany - Race (Sunday July 20 2014)

Blog: Hockenheim Qualifying (Sunday July 20 2014)

2014 - Germany - Qualifying (Saturday July 19 2014)

2014 - Germany - FP3 (Saturday July 19 2014)

2014 - Germany - FP2 (Friday July 18 2014)

2014 - Germany - FP1 (Friday July 18 2014)

Mercedes play down FRIC ban (Friday July 18 2014)

F1 title chase starts now (Wednesday July 16 2014)

McLaren confident in upgrades (Tuesday July 15 2014)

Bianchi impresses for Ferrari (Thursday July 10 2014)

Massa quickest at Silverstone test (Wednesday July 9 2014)

Rosberg plays down Hamilton row (Wednesday July 9 2014)

Bottas finish surprises Williams (Tuesday July 8 2014)

I was lucky says Chilton (Monday July 7 2014)

Raikkonen ok after horror smash (Monday July 7 2014)

Rosberg reflects (Monday July 7 2014)

Perfect day for Hamilton (Monday July 7 2014)

2014 - Britain - Race (Sunday July 6 2014)

Blog: Silverstone Qualifying (Sunday July 6 2014)

2014 - Britain - Qualifying (Saturday July 5 2014)

2014 - Britain - FP3 (Saturday July 5 2014)

2014 - Britain - FP2 (Friday July 4 2014)

2014 - Britain - FP1 (Friday July 4 2014)

Button hits back at Dennis (Friday July 4 2014)

Pirelli boss defends F1 2014 tyres (Thursday July 3 2014)

Caterham sold (Thursday July 3 2014)

McLaren boss critical of Button (Wednesday July 2 2014)

Bernie wants three car teams (Wednesday July 2 2014)

Blog: Silverstone Memories (Tuesday July 1 2014)

Ugly noses banned from F1 (Friday June 27 2014)

Archived Vital F1 Articles

List All Vital F1 Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Red5 1017
2. DJ 879
3. The Fear 771
4. Villaininthemerde 612
5. johnkelv 569
6. Druss_the_Legend 519
7. Push The Button 432
8. col8 334
9. The Intimidator 146
10. __villa__ 145

Current Site Poll (view all polls)

Who will win the Belgian Grand Prix?
Rosberg 11%
Hamilton 50%
Ricciardo 0%
Vettel 0%
Bottas 4%
Massa 13%
Someone else 22%