Business Standard

Monday, December 23, 2024 | 07:38 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Sahara Force India is not up for sale, says Vijay Mallya aide

The latest speculation is Michael Andretti, a team owner in the American IndyCars competition, being interested in Force India, partly owned by Sahara India

Formula 1, F1, Force India
Premium

Formula 1

Ashis Ray London
Sahara Force India is not up for sale. This is the defiant stand of the Vijay Mallya-owned Britain-based Formula 1 motor racing team, despite months of speculation that the company may change hands. Meanwhile, Mallya has appealed against freezing of his assets last month by the high court of England and Wales, which upheld a ruling by a tribunal in India.
 
Now living in London, Mallya has for over a year been battling against the central government in British courts to resist extradition to India and freezing of his assets. In the first instance, a final hearing is scheduled

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in