Mallya admits ‘Team India’ desired name

(GMM) F1's newest team owner has refused to reveal the new name for his team.

But Indian billionaire Vijay Mallya, to be the 50 per cent owner of formula one's Silverstone based team that is currently called Spyker, admitted that he would like the word 'India' to feature in the new identity for 2008.

"I'll try my best," he told Indian reporters in a news conference.

'Team India' and 'Orange India', in deference to the team's other half-owner, Dutch businessmen Jan and Michiel Mol, are front runners.

Mallya also could not confirm speculation that Indian countryman Narain Karthikeyan, currently Williams' occasional test driver, would occupy a race seat.

"We would love to have an Indian driver," he said, "but (the team owners) would have to arrive at a consensus."