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Mallya dismisses talk of Force India sale
Force India co-owner Vijay Mallya has dismissed media claims that he is looking to sell the team. Mallya, who was arrested in April on behalf of the Indian authorities in relation to accusations of fraud, is back in court next week for an extradition hearing. Authorities in India have been seeking Mallya's extradition for some time, the flamboyant billionaire facing numerous charges of financial irregularity at the, now defunct, Kingfisher Airline. Though he denies any wrongdoing, Mallya is claimed to owe numerous banks around £600m ($1bn). In the wake of his arrest, there were claims that Mallya is seeking to sell his team, which in finishing fourth in the 2016 standings achieved...
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8y ago from Pitpass.com
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