By IANS,
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 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.