Sahara Force India F1 Team 2014

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Raleigh
Raleigh
72
Joined: Tue Jul 29, 2014 2:36 pm

Re: Sahara Force India F1 Team 2014

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prince wrote:
Racer X wrote:Maybe they will simply change the Tittle Sponsor to one of the other ones and yes keep Sahara but slapped on the sidepod like Smirnoff or Telmex. Maybe Telmex steps in with more cash and they submit a
simple name change ; "Telmex Force Inida Formula 1 Team" would not surprise me at all..
Its hard to believe it would be Telmex Force India, because of the following fact.

"In October 2011, Indian company Sahara India Pariwar, purchased 42.5% of Force India F1's shares at US$100 million.[10]"
http://en.wikipedia.org/wiki/Force_India
Sahara was ordered to refund US$3.9 Billion to investors over an illegal stock move, and its CEO and founder Subrata Roy is still in in jail over failing to raise a US$1.6 Billion deposit to secure his release.
http://www.financialexpress.com/article ... dia/15516/

I'm thinking Telmex probably didn't have to pay $100 Million...

Title sponsor at the least, could well end up with the team rebranded.

multisync
multisync
5
Joined: Sun Oct 18, 2009 12:23 pm

Re: Sahara Force India F1 Team 2014

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Fia registration for the following yr has to be in by October. Shares may be exchanged later of course. Therefore expect it to revert back to original then perhaps a title change the following yr if another sponsor is confirmed. We shall see if my frenchie friend is right possibly around the release of the new car in err mexico of all places.:-)

Richard
Richard
Moderator
Joined: Wed Apr 15, 2009 1:41 pm
Location: UK

Re: Sahara Force India F1 Team 2014

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multisync wrote:
astracrazy wrote:
multisync wrote:Name change for next year
source? example?
FIA
Your source for the name change shows the current name. The FIA list for 2105 entrants includes:
Company - FORCE INDIA FORMULA 1 TEAM LIMITED (IND)
Team - Sahara Force India F1 Team
Chassis - Force India
Engine - Mercedes
http://www.fia.com/2015-fia-f1-world-ch ... entry-list