News Details

Mallya denies debt, jail hurting Force India image

Vijay Mallya has distanced Force India from the travails of the Silverstone based team's co-owners. For one, the Indian's struggling airline, Kingfisher, is grounded and in debt. "My airline is a corporation," Mallya insisted on Wednesday. "I know of no company in the world in which the director or a shareholder is held responsible for the entire group. "In addition to the airline I have many other companies, and my main business is the sale of alcoholic beverages. "This is growing continuously and not at all affected by the problems of the airline," he told Germany's Auto Motor und Sport. Force India's other main shareholder, meanwhile, is Subrata Roy, heading...
Full Story »
11y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Mallya: Drivers will have to be at their very best

Sahara Force India Force India co-owner Vijay Mallya says that Formula 1...
11y ago from F1Zone.net

Mallya feels more to come from Force India updates

Force India team principal Vijay Mallya believes there is more to come...
11y ago from Crash.net

Force India not expecting to peak in Monaco

Nico Hulkenberg and Sergio Perez had a tight battle for ninth in Spain...
11y ago from espnF1.com

Monaco Grand Prix: Force India preview Monte Carlo

Force India team and drivers preview the Monaco Grand Prix, Round 6 of...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

How Alex Marquez overcame MotoGP doubts to finish...

Alex Marquez has revealed he previously questioned his ability to compete...
16h ago from MotorsportWeek.c...

Gresini Ducati launches 2026 MotoGP livery

Gresini Ducati has unveiled its 2026 MotoGP livery at its official team...
18h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal explore swap deal opportunity in...

Arsenal’s long-term attacking plans may be heading towards a crucial...
32m ago from CaughtOffside.com

Mikel Arteta provides Bukayo Saka injury update after...

Arsenal manager Mikel Arteta has spoken about the injury to Bukayo Saka...
1h ago from SportsKeeda.com

Arsenal board issue brutal ultimatum to Arteta after...

Arsenal manager Mikel Arteta is reportedly under pressure from the club...
22h ago from CaughtOffside.com

Player ratings: Leeds 0-4 Arsenal

Arsenal got back to winning ways in emphatic fashion with a 4-0 thrashing...
9h ago from FreshArsenal.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.