William Storey - CEO - Rich Energy: "In light of ill-informed media speculation and certain external moves to destabilise the team, I can confirm that Rich Energy made an official offer to buy Force India Formula 1 team at the end of April.
"This offer was accepted in principle, and we are close to finalising purchase with SPA.
"We have deposited funds considerably in excess of the purchase price and will invest an additional eight-figure amount in the team."
The story of Rich Energy's interest in Force India has been around since December last year. At least now it's confirmed, and that an offer was made.
