Sahara India Pariwar announces co-ownership of the Force India Formula One Team with Dr. Vijay Mallya. Where earlier rumours suggested of Vijay Mallya selling the team, instead a new investment should strengthen the renamed team.
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Subrata Roy (http://en.wikipedia.org/wiki/Subrata_Roy) owns an airline, TV Channel and sponsors the country's cricket team. I doubt if he has any passion about motorsports other than claiming to give local talent a chance...
Vijay Mallya wrote:I was shocked to read a media report that I am selling the Force India Formula One team. This is completely untrue and without any basis whatsoever. I take great pride in having been able to put an Indian team on the Formula One World Championship grid and have worked very hard to greatly improve the performance of the team. Now that India is finally on the Formula One World Championship calendar, my commitment to Force India becomes even stronger. As Team Principal, I will continue to run the team and I have no plans whatsoever to exit.
based on that article I would state it is true. Always when someone disapproves the rumor it is actually true.
Apart from that it is not unthinkable, FI is almost completely funded out of Maliya's pockets, almost every brand on the car is one of Mallya's bussinesses. With the current loss of people and them being unable to break out of the midfield I have no doubts Mallya is willing to sell his team, with profit of course. Remember, Mallya is a bussiness man and barely a motorsport lover. I would say Mallya wanted to promote India more, but did not succeeded the way he wanted to.
Wesley, Mallya is a keen motorsport fan and has been involved within since 70's on a very low level until 2006 when he put his brand Kingfisher on toyotas..he then bought the spyker team..but now he is in a crisis..he is gonna disband one of his prime business Kingfisher Red-airline...He has largely used the F1 team as a branding and an advertisement for his liquor products as advertising liquor in India is banned and is one of the highest taxed products in India..
Maybe Force India can be saved if the Indian GP attracts enough attention from the public. Perhaps they can pick up some sponsors to better their finances.
The speed of Ayrton Senna.
The mind of Alain Prost.
The dedication of Michael Schumacher.
The determination of Alex Zanardi.
This is an orderly change of hands. The Mol family have been wanting out for a year or so now, Malya is wanting out now as he is wanting to consentrate on his other buisnesses that have struggled as a result of his envolvement in F1.
Id expect a name and chassis change next year to Sahara F1 Team and a Entry name of Sahara-Mercedes and the team to compete in a Light Blue and White colour.
I suspect this is the first of at least 4 new team names in F1 next year with the following;
1] Lotus Renault GP to become Lotus F1 Team with the entry to be Lotus-Renault
2] Team Lotus to become Team Caterham AirAsia or Caterham F1 with the entry Caterham-Renault
3] Marussia Virgin to become Marussia F1 Team with the entry being Marussia-Cosworth
4] Hispania/HRT to become something else as well.
5] Force India to become the above mentioned suggestion.
So it would mean a total rebranding of the mid pack and tail end teams.