Having proudly waved the flag of India on the F1 grid for almost a decade, Vijay Mallya’s Force India is now set to “feel the force” of his home country in a whole different way entirely. With news breaking yesterday that Mallya was arrested in London on an extradition request from India, doubts have been cast over the continued viability of the racing operation the 61-year-old has led since 2008. Charged with fraud and money laundering, he is reported to owe creditors more than $1 billion in loans extended to finance his now-defunct Kingfisher airlines. Whether Mallya can continue to finance Force India is anyone’s guess, but it’s sure to get harder as the net cast by the...
Full Story »