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Sahara Force India F1 Team: Sahara buys stake in Force India


New Delhi, 13 October 2011: Sahara India Pariwar, a leading promoter and patron of sports in India, has announced an equity investment in the Force India Formula One Team, India’s only F1 team.   Sahara India Pariwar will be investing approximately USD 100 mn into the Force India Formula One Team. With this investment both the Sahara India Pariwar and Dr. Mallya will own 42.5% each in the team. The Mol family’s equity will be at 15%.

The team will now be called as Sahara Force India F1 Team and will have a new logo. Force India is currently at a position of sixth in the Formula One world championship.

www.forceindiaf1.com

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