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Leading sports promoter Sahara India Pariwar announced on Wednesday that it is to buy a 42.5 percent stake in Force India, investing approximately $100 million in the team.Following the deal, team principal and managing director Dr Vijay Mallya will retain an equal 42.5 percent share, with the remaining 15 percent equity kept by the Mol family
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Leading sports promoter Sahara India Pariwar announced on Wednesday that it is to buy a 42.5 percent stake in Force India, investing approximately $100 million in the team.Following the deal, team principal and managing director Dr Vijay Mallya will retain an equal 42.5 percent share, with the remaining 15 percent equity kept by the Mol family
More...