Investment program of 50 million pounds at Force India
Force India has not been able to climb beyond seventh place in the constructors' standings. In order to move forward, the team will benefit from an investment program of 50 million pounds sterling approved by its board of directors.
This announcement made by Vijay Mallya comes ten days after the Indian businessman sold more than half of his United Spirits empire to Diageo for the modest sum of two billion dollars.
This investment plan, announced on the official F1 site, is intended to allow the Silverstone team to renew its work tools, most of which date back to the Jordan era, at least to the 2005 season. It’s like an eternity on the F1 scale, where innovations are introduced at every race…
He thus declared: « If we look at the season so far, we have every reason to be proud. We have scored more points than in all previous seasons and we have climbed a rung every season. And our steps have been very significant, not baby steps. Given the tools we have, most of which date from the Jordan era, we have been exceptionally good. »
Nevertheless, this program does not mean that Force India intends to engage in a budget war with its closest rivals (Sauber, Williams…). Indeed, although he possesses a colossal fortune (as evidenced by his immense yacht in the Monaco harbor during the Grand Prix in the Principality), Vijay Mallya is nonetheless supportive of the RRA, the resource restriction agreement established among the teams: « The RRA that the commercial rights holder and the FIA have been talking about for some time is something that needs to be implemented. It will provide everyone with a comfortable level and a level playing field. As far as Sahara Force India is concerned, everything is fine. In fact, with Subrata Roy, we met Bernie Ecclestone in New Delhi during the Grand Prix and showed him that Force India is stable and financially sound.
He now has to find a successor to Nico Hülkenberg. His successor could therefore be… his predecessor, Adrian Sutil. But the Frenchman Jules Bianchi is also in the running.
With the participation of www.Racingbusiness.fr
