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 »
12y 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...
12y ago from YallaF1.com
Mallya's Kingfisher in trouble
Vijay Mallya's Kingfisher Airline is in trouble after 17 banks called in...
12y ago from PlanetF1.com
Mallya's Kingfisher airline in trouble
Force India boss Vijay Mallya's grounded airline Kingfisher appears close...
12y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez cruises to MotoGP Sprint victory at Jerez
Ducati’s Marc Marquez cantered to a record-equalling fifth consecutive...
20h ago from MotorsportWeek.c...
Pedro Acosta still ‘focused' on KTM amid Honda...
Pedro Acosta's manager Albert Valera has provided an update regarding his...
20h ago from MotorsportWeek.c...
MotoGP teams agree on new rule for riders returning...
No description available...
1d ago from Motorsport.com
Nicolo Bulega: Cremona ‘maybe the best weekend’ in...
Nicolo Bulega says “it’s incredible” to complete the Cremona...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott McLaughlin on Alex Palou's supreme form:...
No description available...
2h ago from Motorsport.com
The game-changing decision that put Christian...
No description available...
19h ago from Motorsport.com
Christian Lundgaard ‘could not have dreamed’ of...
Christian Lundgaard has logged a sensational trio of races, and has...
1d ago from MotorsportWeek.c...
Rinus VeeKay’s defensive masterclass leads to best...
Sunday’s IndyCar race at Barber proved to be one of the best in some...
19h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Portugal set to feature record-equaling WRC...
No description available...
5d ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
1w ago from MotorsportWeek.c...
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal could break club record but still suffer...
Arsenal could set a new club record but still suffer elimination from the...
2h ago from SportsMole.co.uk
Kevin De Bruyne: Man City exit 'a necessary evil' as...
Kevin De Bruyne will feel 'hurt' by Man City's decision not to renew his...
2h ago from SportsMole.co.uk
Calafiori returns! | Arsenal train ahead of huge clash...
Riccardo Calafiori returns to Arsenal training ahead of their huge...
3h ago from SkySports.com
Arsenal latest: Calafiori back in training, Timber and...
No description available...
3h ago from SkySports.com
Comments
Hottest News
Christian Horner ramps up McLaren pressure as allegations...
Red Bull has hinted at McLaren using an illegal... Read More »
4h ago from RacingNews365.com
Red Bull urge FIA to act after fierce Max Verstappen duels
Christian Horner feels wheel-to-wheel combat in... Read More »
53m ago from RacingNews365.com
Mercedes boss Toto Wolff slams poor F1 example set by...
Mercedes team principal Toto Wolff has suggested... Read More »
3h ago from GPFans.com
