Force India insists it is not considering sale of Formula 1 team

Force India insists is not considering any offers to sell the Formula 1 team, following recent speculation linking it with an energy drinks company

Force India insists it is not considering sale of Formula 1 team

British media recently linked the Silverstone-based squad with a takeover led by Rich Energy.

However, Force India stated on Thursday that no offers for the team were being considered and that its focus was on the launch of its 2018 car next Monday, when pre-season testing begins.

"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," said the statement.

"The team is focussed on the start of testing next week where the 2018 car will be presented in Barcelona on Monday 26th of February."

Force India boss Vijay Mallya said last year that the outfit was considering a change of name to widen its appeal to sponsors.

A company called Force Formula One was created in November, but that option was ruled out.

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Series Formula 1
Teams Force India
Author Pablo Elizalde
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