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Mallya, Slim in race for Honda F1

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Press Trust Of India London
Last Updated : Jan 29 2013 | 3:14 AM IST

Liquor and airline business tycoon Vijay Mallya is pitched against Mexican billionaire and one of the world's richest men Carlos Slim Helu, among others, to buy the Formula One team of Japanese auto giant Honda, a report said today.

Honda put its Formula One team on the block earlier this month owing to the economic slowdown saying it was looking to sell the team by the end of the year.

A report published today on automotive industry website Motor Authority said Carlos Slim, Force India's Mallya and UK-based motorsport and auto engineering group Prodrive's David Richards have emerged potential buyers. Other interested parties include a Swiss hedge fund and Greek shipping tycoon Achilleas Kallakis, it added.

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First Published: Dec 23 2008 | 12:00 AM IST

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