News Details

Mallya steps down as director at Force India

It has been revealed that Vijay Mallya has stepped down as a director of the Force India F1 team. Currently fighting extradition to India where he faces prosecution on charges of fraud and money laundering, Mallya's appearances - for obvious reasons - have become a rarity while he has even stepped back in terms of inclusion in the team's press releases. While there was talk of a name change and even a new owner, the change of name has ostensibly been deferred to next year (at least) while the energy drink, Rich Energy, linked with the buy-out simply didn't have the money. According to official documents, Mallya stepped down on May 24, the day opening practice got underway in Monaco. More...
Full Story »
7y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Force India F1 team buyout deal ‘is done’

A takeover of the Force India team is still in the works. Earlier, the...
7y ago from ThisIsF1.com

Avoiding Hypersoft on Race Day Could be a ‘Big...

Andrew Green says it would be better for teams if they could avoid the...

Force India eyeing 'big opportunity' after double-Q3...

Monaco Grand Prix – Force India are hoping to capitalise on their...
7y ago from FormulaSpy.com

Force India buyout deal 'is done' - source

May 25 A takeover of the Force India team is still in the works....
7y ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Will Power’s brake pedal went ‘to the floor’ in...

Will Power suffered a heavy crash in IndyCar qualifying, ending his...

Alex Palou earns IndyCar pole at Barber

Saturday afternoon at Barber Motorsports Park was devoted to IndyCar...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Max Dowman needs to leave Arsenal as soon as...

talkSPORT pundit Adrian Durham has urged Arsenal youngster Max Dowman to...
11h ago from SportsKeeda.com

Arsenal prepare 35m offer for La Liga 'match-winner'...

Arsenal and Tottenham Hotspur are interested in signing the Moroccan...
17h ago from CaughtOffside.com

Liverpool prepare £70m offer as Arsenal & Man...

Liverpool, Arsenal and Manchester United are interested in signing Murillo...
16h ago from CaughtOffside.com

'Barça wouldn't be where they are if it weren't for...

Arsenal star David Raya has heaped special praise on Barcelona ace Joan...
18h 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.