News Details
Mallya exit from United Spirits 'won't affect Force India'
XPB Images
Vijay Mallya has resigned from his position as chairman of drinks company United Spirits (USL), but says that this will not impact his role as team principal and managing director of Force India. "Having recently turned 60, I have decided to spend more time in England closer to my children," Mallya said on Thursday as he confirmed he was stepping down from his role at United Spirits, although he will maintain the courtesy title of 'Founder Emeritus'. His resignation was part of a deal agreed with United Spirit's majority owners, global drinks manufacturer Diageo, who took over the business in 2013. Diageo will pay Mallya $75 million as a severance package in...
Full Story »
Full Story »
You May Also Be Interested In...
Mallya gets $75 million payout and keeps F1 team
Force India boss and co-owner Vijay Mallya will receive $75 million to...
9y ago from GrandPrix247.com
Force India boss gets $75m, F1 sponsor deal, in...
Force India boss gets $75m, F1 sponsor deal, in company split Vijay...
9y ago from ThisIsF1.com
Force India's team – Falling apart from the...
Vijay Mallya, the Force India boss and co-owner, will receive $75 million...
9y ago from F1.co.uk
Force India secure 5 year Sminoff agreeement
The Sahara Force India Formula One team have secured a 5 year agreement...
9y ago from JWGrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo “needs a winning project now” as...
No description available...
2h ago from Motorsport.com
Marc Marquez: ‘I've had stitches in my chin, but...
No description available...
2h ago from Motorsport.com
Fabio Quartararo tops chaotic second Assen MotoGP...
Fabio Quartararo topped the timesheets for Yamaha after an extended...
5h ago from MotorsportWeek.c...
Marc Marquez tops first Assen MotoGP practice despite...
Marc Marquez topped the timesheets in the first Assen MotoGP practice...
9h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
2h ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
1d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
2d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak tames rough Acropolis Rally Greece
Ott Tanak and Martin Jarveoja ended a rough, puncture-riddled opening day...
1h ago from MotorsportWeek.c...
WRC Acropolis Rally: Ott Tanak heads Hyundai 1-2 as...
No description available...
2h ago from Motorsport.com
WRC Acropolis Rally: Sebastien Ogier leads as puncture...
No description available...
9h ago from Motorsport.com
Here's how Hyundai’s driver cooling system will...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Major twist gives Arsenal hope of signing ‘most...
Real Madrid have not ruled out the possibility of selling Rodrygo Goes...
5h ago from CaughtOffside.com
Manchester United target blocking all offers as he...
Manchester United target Viktor Gyokeres is blocking offers from other...
3h ago from SportsKeeda.com
Which striker should Arsenal sign? Analysing the top...
Unless you’ve been living under a rock all season, you’ll have noticed...
5h ago from FreshArsenal.com
Arsenal given ‘less than 2% chance’ of signing...
Arsenal’s hopes of landing one of their top striker targets this summer...
5h ago from CaughtOffside.com
Comments
Hottest News
FIA announce Lewis Hamilton punishment verdict at Austrian...
The FIA have announced the punishment verdict for... Read More »
2h ago from GPFans.com
Former Ferrari boss in shock McLaren move
Iconic former Ferrari boss Luca di Montezemolo... Read More »
30m ago from RacingNews365.com
F1 Results Today: Hamilton suffers Ferrari nightmare at...
The first outing at the Austrian Grand Prix... Read More »
7h ago from GPFans.com
