News Details
Force India's team – Falling apart from the inside out
Vijay Mallya, the Force India boss and co-owner, will receive $75 million to walk away from a company. United Spirits, the flagship company of the United Breweries Mallya took over from his father, will now pay the 60-year-old $75 million to leave after a bitter fight with Diageo. Diageo, the alcohol multinational, had been fighting with Mallya since taking a stake in United Spirits. But Mallya will now receive $40 million immediately and the rest in instalments. While Diageo has agreed to extend Smirnoff’s $15 million per season sponsorship of the team for five more years. “The time has now come for me to move on and end all the publicised allegations and uncertainties about my...
Full Story »
Full Story »
You May Also Be Interested In...
Mallya gets $75 million payout and keeps F1 team
Force India boss and co-owner Vijay Mallya will receive $75 million to...
10y ago from GrandPrix247.com
Force India boss gets $75m, F1 sponsor deal, in...
Force India boss gets $75m, F1 sponsor deal, in company split Vijay...
10y ago from ThisIsF1.com
Force India secure 5 year Sminoff agreeement
The Sahara Force India Formula One team have secured a 5 year agreement...
10y ago from JWGrandPrix.com
Mallya: Williams and Red Bull in Force India's sights
Force India boss Vijay Mallya says the team has its sights set on...
10y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
3h ago from Motorsport.com
Trackhouse team owner Justin Marks: MotoGP must take...
No description available...
23h ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
1d ago from MotorsportWeek.c...
KTM backs “unlucky” Maverick Vinales to return and...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
1d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
1d ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
1d ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Croatia: Adrien Fourmaux crashes out as Sami...
No description available...
2h ago from Motorsport.com
Oliver Solberg out of Croatia Rally (for now)
Friday: Oliver Solberg crashed out of Rally Croatia about four km into...
1d ago from MotorsportWeek.c...
WRC Croatia: Oliver Solberg crashes out on opening...
No description available...
1d ago from Motorsport.com
Elfyn Evans out of Croatia – SS3
Croatia’s Friday stages were all new. With a 16 second lead going into...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Bournemouth blow title race wide open with victory at...
Bournemouth blew the Premier League title race wide open as they beat a...
56m ago from SkySports.com
'Arteta has fully lost the plot', 'I am scared' -...
Arsenal fans are not confident about winning against AFC Bournemouth in...
2h ago from SportsKeeda.com
Arsenal v Bournemouth: Premier League – live
️ Premier League news from the 12.30pm BST kick-off<br>⚽️...
4h ago from TheGuardian.com
Comments
Hottest News
Ex-Red Bull stalwart laments ‘significant' Gianpiero...
Former Red Bull adviser Helmut Marko has... Read More »
46m ago from MotorsportWeek.com
Todt rewrites Schumacher’s history with shock admission.
Jean Todt, the man who stood as the iron-willed... Read More »
4h ago from F1i.com
George Russell delivered 'cut-throat' instruction as...
George Russell slipped behind Mercedes team-mate... Read More »
1h ago from RacingNews365.com
