News Details
Force India insulated from Mallya - team
LONDON, Feb 14, 2013 (F1plus/AFP) - Force India insisted Thursday its Grand Prix team would be able to carry on despite co-owner Vijay Mallya's financial problems. Shares in Indian businessman Mallya's debt-laden Kingfisher Airlines plunged Wednesday after banks said they would start recalling loans worth $1.5 billion. The liquor baron is, though, expected to recoup funds from the $2 billion sale of a majority stake in India's United Spirits but the deal must still clear regulatory hurdles. Despite its name, the Force India Grand Prix team is based at the nerve centre of British Formula One at the Silverstone track in central England. And deputy team principal Bob Fernley...
Full Story »
Full Story »
13y ago from F1Plus.com
0
You May Also Be Interested In...
Mallya’s Kingfisher on the verge of collapse
Mallya's Kingfisher on the verge of collapse 14 February, 2013 Kingfisher...
13y ago from YallaF1.com
Mallya's Kingfisher in trouble
Vijay Mallya's Kingfisher Airline is in trouble after 17 banks called in...
13y ago from PlanetF1.com
Mallya's Kingfisher airline in trouble
Force India boss Vijay Mallya's grounded airline Kingfisher appears close...
13y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
KTM riders say top speed advantage has disappeared in...
No description available...
9h ago from Motorsport.com
What the concessions system will look like in MotoGP's...
No description available...
13h ago from Motorsport.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
1d ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Felix Rosenqvist beats Pato O’Ward to Long Beach...
No description available...
53m ago from Motorsport.com
IndyCar Long Beach – Qualifying Results
A slightly modified format was in play for IndyCar’s Long Beach...
53m ago from MotorsportWeek.c...
Felix Rosenqvist secures IndyCar pole at Long Beach
25 cars rolled out on the historic Long Beach street circuit Saturday...
1h ago from MotorsportWeek.c...
Kyle Kirkwood speeds to the top in second Long Beach...
The NTT IndyCar Series held its second practice session on the streets of...
6h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
1d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
1d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta's three-word 'final message' to Arsenal...
Arsenal manager Mikel Arteta has sent a simple three-word message to his...
3h ago from CaughtOffside.com
Manchester City vs Arsenal: Six things to watch in...
This is the big one – it's Manchester City vs Arsenal at the Etihad...
4h ago from CaughtOffside.com
Arteta’s desire for complete control may derail...
Guardiola has granted his players freedom to improvise, it’s the...
3h ago from TheGuardian.com
Premier League shootout arrives with odd twist for...
chester City v Arsenal is a rare late-season title decider and comes with...
3h ago from TheGuardian.com
Comments
Hottest News
Max Verstappen reacts to Nurburgring tragedy on a sad day...
Max Verstappen's latest bid for Nurburgring glory... Read More »
4h ago from GPFans.com
Max Verstappen reacts to tragic Nurburgring crash which...
Max Verstappen says he was 'shocked' by... Read More »
4h ago from GPFans.com
Max Verstappen leaves rivals stunned after creating...
Max Verstappen has left his Nurburgring rivals... Read More »
7h ago from GPFans.com
