I don't know if its confirmed as fact yet, but there is a lot of buzz about the Skyker F1 team being sold,to Michael Mol (who is currently team principal and until a few weeks ago an exec at Spyker cars) and Indian billionaire Vijay Mallya. In other articles I've read, Mallya is the owner of many different companies in India including Kingfisher which currently sponsors Toyota.
http://www.f1-live.com/f1/en/headlin...02111545.shtml
Anyways, looks like Narain might be on his way back to F1.