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Mallya steps down as director at Force India

It has been revealed that Vijay Mallya has stepped down as a director of the Force India F1 team. Currently fighting extradition to India where he faces prosecution on charges of fraud and money laundering, Mallya's appearances - for obvious reasons - have become a rarity while he has even stepped back in terms of inclusion in the team's press releases. While there was talk of a name change and even a new owner, the change of name has ostensibly been deferred to next year (at least) while the energy drink, Rich Energy, linked with the buy-out simply didn't have the money. According to official documents, Mallya stepped down on May 24, the day opening practice got underway in Monaco. More...
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6y ago from Pitpass.com 0
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