Force India deny £200m takeover rumours

Force India have ended speculation surrounding a reported £200million takeover by denying the claims in a press release.

The Daily Mail reported on Wednesday that the Silverstone-based team was up for sale as current owner Vijay Mallya battled extradition back to his home country because of fraud allegations.

Rich Energy were said to be behind the proposed deal, but Force India have now broken their silence on the reports and said it is very much business as usual.

Statement from Force India re recent reports of a potential sale: "No offer from potential investors (is) under consideration" pic.twitter.com/nO0vwaMZNP

— Andrew Benson (@andrewbensonf1) February 22, 2018

Force India are still due to undergo a name change ahead of the new season. Details of which are set to be announced alongside their unveiling of the VJM11 at the Circuit de Catalunya on Monday ahead of the first day of testing.