October 24, 2016 9:38 AM ET


Company Overview of Force India Formula One Team Limited

Company Overview

Force India Formula One Team Limited, doing business as Sahara Force India Formula One Team, owns and operates a Formula One car racing team for the representation of young Indians. The company was formerly known as Spyker F1 Team Ltd. and changed its name to Force India Formula One Team Limited in October, 2007. The company was incorporated in 1989 and is based in Silverstone, United Kingdom. Force India Formula One Team Limited is a former subsidiary of Spyker N.V.

Dadford Road

Silverstone,  NN12 8TJ

United Kingdom

Founded in 1989


44 13 2785 0800


44 1327 857993

Key Executives for Force India Formula One Team Limited

Owner, Managing Director and Principal
Age: 61
Owner and Chairman
Age: 63
Chief Operating Officer
Age: 52
Technical Director
Compensation as of Fiscal Year 2016.

Force India Formula One Team Limited Key Developments

Sahara India To Divest 42.5% Stake In Force India Formula One

Sahara India Pariwar Ltd. announced plans to divest its 42.5% stake in the Force India Formula One team Limited. Sahara sought the Indian Supreme Court's permission to divest of Force India and other assets in order to raise a combined INR 53 billion. A Sahara spokesman said in an emailed statement that there were "no talks with anybody at the moment" about selling the Formula One team stake.

Sahara India Plans To Sell Sahara Star Hotel, F1 Team And Aircrafts

Sahara India Pariwar Ltd. has moved the Supreme Court seeking its nod for selling Sahara Hospitality Limited, Force India Formula One Team Limited and its four aircrafts. This would help it garner around INR 3 billion.

Renault Reportedly In Talks to Acquire Stake In Force India Formula One

Renault Société Anonym (ENXTPA:RNO) in talks to acquire 65% stake in Force India Formula One Team Limited. Lotus's board is this week due to accept an offer from Renault of £65million for a 65% stake in the Enstone-based organisation following a highly-successful presentation meeting between the parties held on August 31, 2015.

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Recent Private Companies Transactions

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