The Force India F1 Team has rubbished claims it is in talks with a potential buyer following reports that a British energy drink company had made a bid for the team.
It was reported this week that Rich Energy were in talks to buy the Silverstone-based team for £200 million ($280m) ahead of the 2018 season.
The team issued a statement on Thursday denying the reports: "Following recent media reports speculating on the sale of Force India Formula One Team Limited, the Company’s shareholders wish to clarify that there is no offer from potential investors under consideration."
The statement also confirmed the team's 2018 car, the VJM11, would be launched in the Barcelona pitlane on Monday morning ahead of pre-season testing.
"The Team is focussed on the start of testing next week where the 2018 car will be presented in Barcelona on Monday 26th of February.
"The team’s drivers, Sergio Perez and Esteban Ocon, will pull the covers off the VJM11 and pose for photos in the pit lane at 8:00am local time."
Discussion about this post