Company Overview of Force India Formula One Team Limited
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.
Silverstone, NN12 8TJ
Founded in 1989
Key Executives for Force India Formula One Team Limited
Owner, Managing Director and Principal
Compensation as of Fiscal Year 2015.
Force India Formula One Team Limited Key Developments
Renault In Talks To Acquire Stake In Force India Formula One Team
Aug 25 15
Renault Société Anonym (ENXTPA:RNO) in talks to acquire stake in Force India Formula One Team Limited. Over the course of last week’s Belgium GP, new developments have emerged, indicating that Renault is looking to acquire controlling stake in Sahara Force India F1 team, owned by Vijay Mallya. The company had reportedly held two rounds of talks with the Indian team’s management so far regarding the terms of a potential deal. After talking to Renault’s ambassador Alain Prost, Vijay Mallya told media that no decision has been taken yet and there is a proposal about board of Renault on the table. Vijay Mallya added that the points such as details of shareholding, Sahara Force India’s willingness to become a minority shareholder in the team, and the team’s vision were discussed in the recent meeting. He also confirmed that Renault is talking with multiple teams with a similar proposal.
NEC Mexico Announces New Partnership with Formula One Team Sahara Force India
Mar 24 15
NEC Mexico and Formula One team Sahara Force India have announced their new partnership for the 2015 season. NEC will be the team's Premium ICT Partner with the relationship focused on short- and long-term opportunities, including the installation of NEC technologies at Sahara Force India's headquarters in the UK. NEC's logos will also appear on the top of VJM08's engine cover, on the drivers' suits and helmets, and on the team clothing. NEC's involvement in the pinnacle of motorsport is a natural fit with the ties between technology and Formula One growing ever closer. Advanced technology solutions power the sport at all levels, whether it's a supercomputer perfecting the car's aerodynamic efficiency, or a complex IT solution underpinning the trackside operation. Technology truly is a cornerstone of the sport and an essential ingredient for success on and off the track.
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