Force India's co-owner Vijay Mallya has rubbished speculation that he is planning to sell his stake in the Formula One team to Sahara India.
Spyker's director of Formula One, Michiel Mol, has teamed up with Vijay Mallya to make a Euro 90 million bid for the cash-strapped team.
Force India's 2008 Formula One car made its track debut at Barcelona's Circuit de Catalunya on Monday.
The team's new owner Indian billionaire Vijay Mallya said an Indian driver is an option but not an immediate priority.
The Dutch sports car maker is to sell its loss-making Formula One team to businessman Vijay Mallya for $123 million.
Indian businessman Vijay Mallya has teamed up with Spyker's director of Formula One, Michiel Mol, to make an 80 million euro ($109.3 million) bid for the cash-strapped team.
The administration was triggered by Force India's Mexican driver Sergio Perez, supported by engine provider Mercedes and team sponsor BWT who were also owed money by a team struggling financially.
Netherlands-based Space Expedition Corporation is in the final stages of producing a reusable spaceship that will allow four one-hour flights into space each day.
Troubled business tycoon Vijay Mallya, on Sunday, asserted that his stepping down as chairman of the United Spirits Ltd will not affect his control in Formula One team, Sahara Force India.
Sahara India needs to pay back $5.3 billion, raised from millions of small investors through the sale of bonds ruled by the Supreme Court to be illegal, before founder Subrata Roy can be released.
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