Check todays hot topics and new pictures Today is: 19 April, 2014
Force India to get 50 mn pound investment boost

Force India to get 50 mn pound investment boostSao Paulo, Nov 22 - Sahara Force India team principal Vijay Mallya has announced that 50 million pounds will be invested into the team for an improved performance in the 2013 Formula One season.

"Force India going to the final race of the 2012 here over the weekend, lying seventh in the team standings with 99 points. It is team's best ever show in terms of points scored and includes fourth place finishes in Belgium and Singapore," Mallya was quoted as saying by formula1. com Wednesday.

"We have shown that every year we get better, so we expect nothing less next season. But it is also time for us to look at capital investment (the board has recently approved a £50 million capital investment programme for the team). In order to go up the ladder even further we need to have the tools and the facilities, so we are looking at some investments which will start paying out rich dividends in the future," Mallya said.

Mallya also conceded that they were finding it tough to find a suitable replacement for outgoing driver Nico Hulkenberg, who will be with Sauber in 2013. The other Force India driver Paul di Resta is likely to stay with the team.

"There does not seem to be the kind of quality we need to replace Nico available, either in the current grid or in GP2. We have to think a little bit beyond that, which we are doing now," he said adding that he was considering getting back Adrian Sutil.(IANS)


Man City planning record 250 mln-pound swoop to bag Barca star Messi

Man City planning record 250 mln-pound swoop to bag Barca star MessiLondon, Apr 19 : Manchester City are reportedly speculated to be working on a 250 million-pound deal to add Lionel Messi to Manuel Pellegrini's squad this summer.  Read more »

Three top Liverpool footballers nominated for Association Player of the Year award

Liverpool footballersJohannesburg, Apr 19  : Three of Liverpool's top players have reportedly been nominated for England's Professional Footballers' Association Player of the Year award.  Read more »

Hafeez imparting young cricketers in native city with 'Skills to Shine'

Hafeez imparting young cricketers in native city with 'Skills to Shine'Karachi, Apr 19 : Pakistani all-rounder Mohammad Hafeez, who recently resigned from the Twenty20 captainship post, is reportedly mentoring upcoming cricketers  Read more »

Eoin Morgan credits IPL 'pressure' for helping 'long-term' cricket career

Eoin MorganLondon, Apr 19  : England batsman Eoin Morgan has said that playing in front of 80,000 people during past Indian Premier League (IPL) seasons has helped his long-term cricket career.  Read more »

Indian driver Chandhok and team qualify third

Indian driver Chandhok and team qualify thirdSilverstone (England), April 19 : India's Karun Chandhok along with his Murphy Prototypes teammates Rodolfo Gonzalez and Alex Kapadia qualified third in his first ever European Le Mans (ELMS) race here Saturday.  Read more »

Rosberg plans on discussing concerns on 'over the line' Bahrain GP with Hamilton

Nico RosbergLondon, Apr 18  : Mercedes racer Nico Rosberg is reportedly planning to discuss concers regarding their fight for victory in Bahrain, which went 'over the line', with his teammate Lewis Hamilton.  Read more »