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Mallya: F1 has nothing to do with my stepping down
Vijay Mallya has hit back at speculation his involvement in as boss of Force India is coming to an end. Last week, after a long battle with Diageo, the flamboyant Indian stepped down from his alcoholic company United Spirits. According to local reports, the $75 million ‘golden handshake' involved him also severing his involvement in sporting arenas, including Indian IPL cricket. And there were also rumours he would have to leave Force India as well, as Diageo had been holding Mallya's 42.5 per cent stake in the Silverstone based team as collateral against a loan. The speculation has been building for some time, and not only because of jailed team co-owner Subrata Roy and title...
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10y ago from GrandPrix247.com
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