The management of the Spyker Formula One Team was handed over to the new owners Orange India Holdings, a consortium that includes Indian businessman Vijay Mallya.
Narain Karthikeyan confirmed that talks are on with Spyker, the Formula One team part-owned by Vijay Mallya.
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.
The Spyker Formula One team will be renamed as Force India next season, new owner Vijay Mallya said on Saturday.
The Dutch sports car maker is to sell its loss-making Formula One team to businessman Vijay Mallya for $123 million.
Yamamoto's appointment ended Indian hopes of a Formula One comeback this year for Narain Karthikeyan, the Williams test driver who raced for Jordan in 2005 and had been one of those under consideration.
India's motor racing ace Narain Karthikeyan could be in line for a Formula One comeback as replacement for dropped Dutch driver Christijan Albers.
Mallya has been able to do what most businessmen dream of: combine a personal passion with a high-value business opportunity.
Ex-Formula 1 team owner and Dutch supercar maker Spyker has firmed up plans to set foot in India.
The team's new owner Indian billionaire Vijay Mallya said an Indian driver is an option but not an immediate priority.
The team, who became Force India in 2008 after Indian beer baron Vijay Mallya bought Spyker F1, were taken over in August by Canadian billionaire Lawrence Stroll after going into administration.
The 30-year-old Indian driver said he'd be delighted to get back to racing, but he's definitely enjoying his time at Williams.
The business tycoon wants to bring an Indian driver back into Formula One once he takes over the struggling Spyker team.
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.
Briton Johnny Herbert has left the Midland Formula One team after their takeover by Dutch sportscar maker Spyker.
Japan's Sakon Yamamoto will be Virgin Racing's reserve driver for the first three races of the Formula One season starting in Australia this weekend, the team said on Wednesday.
Indian driver Karun Chandhok will miss Sunday's Hungarian Formula One Grand Prix after also being dropped by Hispania for last weekend's race in Germany.
Four months into his new job as chief operations officer, effectively overseeing the Silverstone-based team's day-to-day workings for billionaire owner Vijay Mallya, Simon Roberts is convinced Force India is set to go places.
Giancarlo Fisichella vividly remembers how his decision to join Force India evoked sneers from his peers. But it took him just three races to embarrass the naysayers and the veteran Italian driver says he now feels vindicated.
Force India's young German driver Adrian Sutil reckons having three-time champion Giancarlo Fisichella as teammate raises the bar for him. He believes the challenge is to match up to the Italian in the upcoming Formula One season.
Force India Formula One team co-owner Vijay Mallya has warned the country not to expect too much from the team in 2008 despite a big budget increase. The Indian billionaire bought into the Spyker team and renamed it after last season and interest has been drummed up further through advertisements about "the force of a billion hearts."
Italian Giancarlo Fisichella is set to drive for the Force India Formula One team this season with compatriot Vitantonio Liuzzi taking the role of tester, sources said on Tuesday.
Ralf Schumacher and Giancarlo Fisichella will be among seven drivers testing for Force India.
The renamed team, formerly Spyker, said on Wednesday that the two would each have a full day of testing in Jerez from December 4-7, joining fellow-hopefuls Christian Klien of Austria, Italian Vitantonio Liuzzi and France's Franck Montagny.
The Italian driver broke into the top 10 in practice for Sunday's season-opening Australian Grand Prix. Fisichella, 35, lapped ninth fastest in Friday's afternoon practice session at Albert Park after ending the morning with the 12th best time. German team mate Adrian Sutil was 17th.
Force India owner Vijay Mallya has reminded feuding factions inside his Formula One team that, even if he sees no need to bang heads together, he pays the bills and calls the shots.
Force India's 2008 Formula One car made its track debut at Barcelona's Circuit de Catalunya on Monday.
The Ferrari-powered car will not do any demonstration laps in the Indian city however with the first test run scheduled for Spain's Barcelona circuit on Feb. 25.
Force India have warned Giancarlo Fisichella and Adrian Sutil that they must perform if they want to stay beyond 2008.
The Indian-owned team said the two drivers would join German Adrian Sutil at Barcelona's Circuit de Catalunya on November 14 and 15.
Vijay Mallya believes India, with a booming economy and youthful population, is ready for fuller immersion into Formula One.
Former champions Williams, newcomers Spyker, tail-enders Super Aguri and Toro Rosso are at loggerheads over cars that have yet to see the light of day.
The 24-year-old German seemed destined for a musical career until he discovered go-karts as a teenager.
Williams have appointed experienced German racer Adrian Sutil as reserve driver for the season, the Formula One team said on Thursday.
Force India co-owner Vijay Mallya reminded drivers Sergio Perez and Esteban Ocon that the team must take priority after a collision at the Azerbaijan Grand Prix wrecked hopes of a first win in Formula One.
German Adrian Sutil will drive for Sauber next season, the Formula One team said on Friday, replacing Nico Hulkenberg who moved in the opposite direction to Force India last week.
The 27-year-old Scot's poor run of form in the second half of the season has fuelled speculation that the Silverstone-based team might drop him and bring back Sauber's Nico Hulkenberg, who has also been linked with Lotus.
Force India co-owner Vijay Mallya has steered his Formula One team through a decade of growth and is looking forward to another, although the 'India' moniker looks destined to be dropped.
The deepening of the Formula One financial crisis prompted Force India boss Vijay Mallya to say that the sport's owners must fix the revenue sharing model among teams for the survival of smaller outfits like his.
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