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Mallya rubbishes talk of Force India resignation
Force India's team principal and managing director Vijay Mallya has stressed that he still remains at the helm of the team, despite having recently stepped down as United Spirits chairman. Last week, the Indian business tycoon had announced his resignation from his role at USL after an agreement was reached with Diageo. The news sparked speculation that he is no longer the part owner of the Silverstone-based team. However, the 60-year-old has denied any such claims. "Nothing has changed at Force India. I remain team principal and managing director," Mallya told the Press Trust of India. "If you take loan, you give some shares as security. That does not mean security has...
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8y ago from Motorsport.com
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