No plans to sell Force India team: Mallya
October 7th, 2011 - 4:55 pm ICT by IANSNew Delhi, Oct 7 (IANS) Force India boss Vijay Mallya says he has no plans to sell his Formula One team as has been suggested in some quarters.
“I was shocked to read a media report that I am selling the Force India team. This is completely untrue and without any basis whatsoever,” Mallya said in a statement Friday.
A newspaper report Thursday said that Mallya is in talks with Subrata Roy led Sahara India Pariwar to sell Force India and the deal is on the verge of being finalised.
“I take great pride in having been able to put an Indian team on the F1 World Championship grid and have worked very hard to greatly improve the performance of the team. Now that India is finally on the F1 calendar (the Indian Grand Prix), my commitment to Force India only gets even stronger. As Team Principal, I will continue to run the team and I have no plans whatsoever to exit,” Mallya maintained.
The Silverstone-based team is getting better with each race and has scored 36 out of its 48 points in the last five races. Force India’s best result came in the Singapore night race where its drivers Paul di Resta and Adrian Sutil came sixth and eight respectively.
The team is currently sixth in the Constructor’s Championship and is confident on dislodging fifth placed Renault by the end of the season.
- Force India to end drivers' suspense before Abu Dhabi - Oct 29, 2011
- Hamilton takes maiden pole in Korea; di Resta, Sutil 9th and 10th - Oct 15, 2011
- Force India retain di Resta for 2012, drop Sutil - Dec 17, 2011
- Mallya pumps in 20 million pounds into Force India operation - Mar 13, 2012
- Mallya pumps in $32 mn into Force India (Lead) - Mar 13, 2012
- Italian GP: Di Resta's 8th place puts Force India ahead of Sauber - Sep 11, 2011
- Vettel claims another pole, Sutil sneaks into 10th at European GP - Jun 25, 2011
- Force India not ready to take an Indian driver - Oct 13, 2011
- Have a tough decision to make on drivers: Mallya - Oct 30, 2011
- Webber secures elusive win in Brazil, Force India end season on a high - Nov 28, 2011
- Vettel equals pole record in Abu Dhabi, Force India secure top-10 finish - Nov 12, 2011
- Di Resta, Sutil to start 11th and 12th in Italian Grand Prix - Sep 10, 2011
- Force India pick Max Chilton for Abu Dhabi young driver test - Nov 08, 2011
- Vettel wins maiden Monaco Grand Prix, Force India seventh - May 30, 2011
- Beating Mercedes has been the highlight so far, says Mallya - Aug 04, 2011
Tags: adrian sutil, boss, constructor, f1 calendar, f1 world championship, force india, formula one, grand prix, india team, New Delhi, newspaper report, oct 7, quarters, resta, sahara india, singapore night, subrata roy, team principal, verge, vijay mallya