News Details

Force India say Mallya's troubles do not impact team

Vijay Mallya Force India has played down this week's alarming news from India regrding team supremo Vijay Mallya. Amid the decline of his airline Kingfisher, the former billionaire was declared a ‘wilful defaulter' by the public sector lender the United Bank of India, meaning he will lose his director positions and be unable to borrow money. An insider explained: 'Any company in which they are directors, those companies would be affected.' And the very latest news is that India's supreme court rejected Mallya's petition challenging the ‘wilful defaulter' tag, causing some to wonder if the 58-year-old's entire empire could begin to crumble. The chief of Force India's title...
Full Story »
11mo ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Trouble mounts for Mallya in India

Vijay Mallya Force India supremo and entrepreneur Vijay Mallya has run...
11mo ago from GrandPrix247.com

Force India boss Vijay Mallya trouble in India

Force India boss Vijay Mallya trouble in IndiaPosted On 02 Sep 2014By :...
11mo ago from ThisIsF1.com

Perez yet to secure 2015 deal with Force India

Sergio Perez finished third in Bahrain It is becoming increasingly likely...
11mo ago from GrandPrix247.com

Juncadella in running for 2015 F1 race seat

Daniel Juncadella Mercedes-linked Spaniard Dani Juncadella has leapt into...
11mo ago from GrandPrix247.com

Elsewhere On The Network

Popular On MotoGPToday.com

Rossi: “I didn‘t feel very well on the bike”

Valentino Rossi struggled on the opening day of practice at the Octo...
13h ago from MotoGP.com

Smith Glad to Focus Back on Racing

Bradley Smith says he is glad to be concentrating on racing again after...

MotoGP in 4K Ultra High Definition

Dorna Sports, in conjunction with BT Sport, are set to show the Octo...
13h ago from MotoGP.com

MotoGP Silverstone: Lorenzo quickest in FP2; Smith...

Movistar Yamaha’s Jorge Lorenzo set the pace in the second MotoGP free...
15h ago from BikeSportNews.com

Popular On IndyCarToday.com

IndyCar: Power tops test day at Sonoma

Will Power topped the times on in the three-and-a-half hour promoter test...
4h ago from Racer.com

IndyCar: 'It’s been tough on me, but the main thing...

Verizon IndyCar Series rookie Sage Karam said that nothing in the onboard...
6h ago from Racer.com

IndyCar: Q&A with Sage Karam

Verizon IndyCar Series rookie Sage Karam said that nothing in the onboard...
7h ago from Racer.com

Manifest Design Justin Wilson Tribute Tees now...

Justin Wilson's creative and design partner, Manifest, has created a...
6h ago from Racer.com

Popular On TotalWRC.com

Meeke: 'I have to continue working'

Brit counting on an error-free Australia
17h ago from WRC.com

Lefebrve handed second Citroen WRC outing

Stephane Lefebvre has been handed his second opportunity in the WRC with...
17h ago from Crash.net

F1 ace Jenson Button tests Mini and VW Beetle...

Formula 1 star Jenson Button tested rallycross cars at Lydden Hill today...
2d ago from Motorsport.com

Loeb says WRC return not in his plans

Sebastien Loeb says that a return to the WRC is not part of his plans,...
1d ago from Motorsport.com

Popular On GunnersToday.com

LINE UP PREDICTION : Newcastle United's Strongest XI...

Team prediction ahead of the Premier League clash between Newcastle...
1h ago from Nastytackle.com

Arsene Wenger Unsure Of Deadline Day Signing For...

Reports are out claiming that Arsenal boss Arsene Wenger is unsure if he...
3h ago from Nastytackle.com

Newcastle United vs Arsenal: Preview and Predicted...

After balancing the tally to make it W 1 D 1 L 1, Arsenal travel to...
2h ago from ArsenalFever.com

Ex-Man United star: Arsenal lack dominant characters

Former Manchester United defender Gary Neville has taken another swipe at...

Comments

comments powered by Disqus

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.