• Sunday, August 14, 2022

Asia

UK-based Rich Energy looking to buy Vijay Mallya’s Force India

By: Keerthi Mohan

A British energy drinks company is in talks to buy Vijay Mallya’s Force India. According to reports, Rich Energy is in talks for a 200-million-pound deal to take over the racing team, which is one of the most notable properties of Mallya, who has been on a self-imposed exile in the UK since March 2016. Force India, however, denied talk of a potential sale. “Following recent media reports speculating on the sale of Force India Formula One Team Limited, the company’s shareholders wish to clarify that there is no offer from potential investors under consideration,” the team said in a statement. This news comes…

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