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
Jorge Martin has no “regrets” after attempts to...
No description available...
5h ago from Motorsport.com
Jorge Martin confirms decision to remain with Aprilia...
Reigning MotoGP World Champion Jorge Martin has reversed his decision to...
7h ago from MotorsportWeek.c...
Yamaha V4 engine ‘two seconds slower' than...
Yamaha rider Alex Rins revealed that the manufacturer’s V4 project is...
10h ago from MotorsportWeek.c...
Yamaha's V4 MotoGP engine "not fast enough,”...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood says people should appreciate Alex...
No description available...
3h ago from Motorsport.com
Arrow McLaren's Nolan Siegel cleared to race in Toronto
No description available...
5h ago from Motorsport.com
Taylor Barnard rejected McLaren IndyCar and WEC offers...
Taylor Barnard has turned down the chance to race for Arrow McLaren in...
1d ago from MotorsportWeek.c...
IndyCar Iowa – Race 1 Results
The first race of IndyCar’s double-header weekend from Iowa Speedway...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Adrian Newey “goes to another office” to avoid...
No description available...
1d ago from Motorsport.com
Sebastien Ogier spurns WRC title fight despite flurry...
No description available...
1d ago from Motorsport.com
Rally Portugal criticism forces WRC, FIA to rethink...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Joao Palhinha addresses Bayern Munich future amid...
Joao Palhinha has addressed his future at Bayern Munich amid speculation...
2h ago from SportsKeeda.com
Bayern Munich would prefer a move for Liverpool star...
Bayer Munich reportedly prefer to sign Luis Diaz from Liverpool over...
6h ago from SportsKeeda.com
Talks 'in London' taking place 'every single minute'...
Fabrizio Romano says that talks are still ongoing in London as Arsenal...
9h ago from CaughtOffside.com
'It's sad when fans are making a player's life...
Former Arsenal midfielder Anders Limpar has asserted that Noni Madueke is...
7h ago from SportsKeeda.com
Comments
Hottest News
Cadillac boss confirms Daniel Ricciardo decision on F1...
Cadillac F1 boss Graeme Lowdon has delivered a... Read More »
2h ago from GPFans.com
Ferrari considering radical McLaren step involving Fred...
The Italian media have claimed that a radical... Read More »
6h ago from RacingNews365.com
New Christian Horner partnership could be a NIGHTMARE for F1
Christian Horner has already been linked to... Read More »
3h ago from GPFans.com
