News Details

Mallya denies debt, jail hurting Force India image

Vijay Mallya has distanced Force India from the travails of the Silverstone based team's co-owners. For one, the Indian's struggling airline, Kingfisher, is grounded and in debt. "My airline is a corporation," Mallya insisted on Wednesday. "I know of no company in the world in which the director or a shareholder is held responsible for the entire group. "In addition to the airline I have many other companies, and my main business is the sale of alcoholic beverages. "This is growing continuously and not at all affected by the problems of the airline," he told Germany's Auto Motor und Sport. Force India's other main shareholder, meanwhile, is Subrata Roy, heading...
Full Story »
11y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Mallya: Drivers will have to be at their very best

Sahara Force India Force India co-owner Vijay Mallya says that Formula 1...
11y ago from F1Zone.net

Mallya feels more to come from Force India updates

Force India team principal Vijay Mallya believes there is more to come...
11y ago from Crash.net

Force India not expecting to peak in Monaco

Nico Hulkenberg and Sergio Perez had a tight battle for ninth in Spain...
11y ago from espnF1.com

Monaco Grand Prix: Force India preview Monte Carlo

Force India team and drivers preview the Monaco Grand Prix, Round 6 of...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

How the 2027 MotoGP grid is shaping up

No description available...
6h ago from Motorsport.com

Honda pinpoints potential ‘advantage' ahead of...

Honda technical director Romano Albesiano believes there is one specific...

Toprak Razgatlioglu admits MotoGP adaptation...

Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...

Popular On IndyCarToday.com

IndyCar drivers impressed with ‘new standard’...

IndyCar is in the middle of a busy race weekend on a brand new street...

Conor Daly snags Indy 500 ride with Dreyer and Reinbold

Dreyer and Reinbold Racing has announced that Conor Daly will drive for...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal & Chelsea in 'very serious' talks to sign...

Atletico Madrid striker Julian Alvarez has been linked with a move away...
50m ago from CaughtOffside.com

Arsenal preparing ‘formal offer' for 48-goal...

Arsenal are very interested in signing Leon Goretzka at the end of the...
30m ago from CaughtOffside.com

Arsenal hoping to secure future of 2 key players with...

Arsenal are reportedly hoping to renew the contracts of key players Declan...
1h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.