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Force India financial rumours must 'stop' - Mallya
November 11th, 2014 .- Vijay Mallya has played down the latest reports questioning the financial health of his F1 team Force India. Newspaper reports in the last days have suggested the auditors of the Silverstone based team's parent company doubt the viability of Force India as a "going concern" due to mounting debts. The claims follow Force India having joined fellow struggling privateers Lotus and Sauber in reportedly threatening to boycott races if F1's commercial rights holder does not urgently release more revenue. "All this speculation I think needs to stop," Mallya, a former Indian billionaire whose airline Kingfisher has been grounded, told Reuters. "It's...
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10y ago from F1Plus.com
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