Vijay Mallya pumps in $32 million into Force India

Updated: 13 March 2012 17:39 IST

Sahara Force India team principal Vijay Mallya has pumped in $32 million into his Formula One team ahead of the season opener in Melbourne on Sunday.

Vijay Mallya pumps in $32 million into Force India
©

London:

Sahara Force India team principal Vijay Mallya has pumped in $32 million into his Formula One team ahead of the season opener in Melbourne on Sunday.

Watson, the personal investment company used by the liquor baron, has loaned Force India nearly $10 million while Mallya's Kinghfisher Airlines and his beer and spirit arm has generated the remaining $22 million through sponsorship, The Scotsman reported Monday.

The Silverstone-based team is eying to better its last year's sixth place finish in the 2012 Constructors' Championship.

Force India found a co-owner Subrata Roy led Sahara Group last year when the Indian company bought a 42.5 percent stake in the F1 team. Sahara said that it would invest a further $100 million into the mid-field outfit.

Topics : Formula 1 Kimi Raikkonen Adrian Sutil Force India Giancarlo Fisichella Kevin Pietersen
Related Articles
Formula One: Lewis Hamilton Resists Sebastian Vettel To Claim Spanish GP Pole
Formula One: Lewis Hamilton Resists Sebastian Vettel To Claim Spanish GP Pole
Formula One: Sebastian Vettel Grabs Pole for Russian GP In Ferrari One-Two
Formula One: Sebastian Vettel Grabs Pole for Russian GP In Ferrari One-Two
Bahrain Grand Prix: Valtteri Bottas Ends Lewis Hamilton Run For First Career Pole
Bahrain Grand Prix: Valtteri Bottas Ends Lewis Hamilton Run For First Career Pole
Show Comments
Advertisement