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16th March 2018, 15:52 #1
- Join Date
- May 2017
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- England
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Force India bought by Rich Energy?
Any truth in this or fake news?? http://www.richmondandtwickenhamtime...m_Force_India/
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16th March 2018, 18:13 #2
- Join Date
- Aug 2010
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- Seville
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https://www.motorsportweek.com/joesaward/id/00133
Nothing is impossible, but some things seem pretty unlikely, at least on the face of it. It is reported, clearly based on a leak, that a small British energy drink company called Rich Energy is in talks with Force India to buy the team from Vijay Mallya and his partners for a supposed $280 million.
It all sounds highly unlikely. But it all depends on a consortium which is said to be behind the bid, and where the money will be coming from. It may also be largely fictitious and designed to get someone else to pay a higher price for the team, because it doesn’t make a lot of sense to put these things into the public domain before a deal is done. However for a start-up drinks company with very little money showing in its published accounts, it is useful publicity.
Now, don't buy it just because some local newspaper says it. I can imagine that they found the "news" somewhere else and published them as theirs. It's a dreadful, but common, "journalism" practice. Even so, if the team were actually being bought, the first to run the story would be specialized media such as Autosport or Joe Saward himself, not some scribbler from a local website.
Turbine blade.
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