News Details
Force India's team – Falling apart from the inside out
Vijay Mallya, the Force India boss and co-owner, will receive $75 million to walk away from a company. United Spirits, the flagship company of the United Breweries Mallya took over from his father, will now pay the 60-year-old $75 million to leave after a bitter fight with Diageo. Diageo, the alcohol multinational, had been fighting with Mallya since taking a stake in United Spirits. But Mallya will now receive $40 million immediately and the rest in instalments. While Diageo has agreed to extend Smirnoff’s $15 million per season sponsorship of the team for five more years. “The time has now come for me to move on and end all the publicised allegations and uncertainties about my...
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 secure 5 year Sminoff agreeement
The Sahara Force India Formula One team have secured a 5 year agreement...
9y ago from JWGrandPrix.com
Mallya: Williams and Red Bull in Force India's sights
Force India boss Vijay Mallya says the team has its sights set on...
9y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
The other Gresini rider staking his claim to a factory...
No description available...
1h ago from Motorsport.com
Why Pedro Acosta values winning in MotoGP more than...
KTM rider Pedro Acosta says his sole focus is winning in MotoGP,...
5h ago from MotorsportWeek.c...
Honda on the brink of losing MotoGP's top concession...
No description available...
6h ago from Motorsport.com
Yamaha toughens its stance on Fabio Quartararo
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood signs multi-year IndyCar extension with...
Andretti Global has announced that Kyle Kirkwood has signed an extension...
1d ago from MotorsportWeek.c...
Kyle Kirkwood signs multi-year extension with Andretti...
No description available...
1d ago from Motorsport.com
Colton Herta ‘would love to be back’ for another...
Colton Herta still has a desire to compete in next year’s Indianapolis...
4d ago from MotorsportWeek.c...
Marco Andretti announces retirement from racing, won't...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai signings bolster WEC and WRC resources
No description available...
5h ago from Motorsport.com
Kalle Rovanpera completes maiden F2 test ahead of...
No description available...
1w ago from Motorsport.com
Elfyn Evans: WRC points lead “guarantees absolutely...
No description available...
1w ago from Motorsport.com
M-Sport favours new WRC car build over upgraded Rally2...
No description available...
2w ago from Motorsport.com
Popular On GunnersToday.com
Hincapie, Merino start for Arsenal at Slavia Prague...
No description available...
56m ago from SkySports.com
'Manchester United are not going to win the league for...
Al-Nassr superstar Cristiano Ronaldo has boldly claimed that Manchester...
1h ago from SportsKeeda.com
'I was close to joining them many years ago' -...
Cristiano Ronaldo has revealed that he had the option of joining Arsenal...
1h ago from SportsKeeda.com
'Seems a bad idea', 'Risky to play him' - Arsenal fans...
Arsenal fans have expressed their apprehension over the decision of...
16m ago from SportsKeeda.com
Comments
Hottest News
Ex-F1 supremo accuses McLaren of ‘slowing down' Oscar...
Former F1 supremo Bernie Ecclestone has accused... Read More »
2h ago from MotorsportWeek.com
Lewis Hamilton's four-word message to newly engaged...
Lewis Hamilton has offered his congratulations to... Read More »
2h ago from GPFans.com
F1 News Today: Lewis Hamilton offers four-word message to...
Lewis Hamilton has offered his congratulations to... Read More »
1h ago from GPFans.com
