News Details

Mallya steps down as Force India director

Vijay Mallya has stepped down from his position as director at Force India following authorisation from Companies House. Mallya, who first joined the Formula 1 scene back in 2007 as part of the consortium that took over Spyker, left his role as director on May 24, the same days as FP1 in Monaco. A takeover of Force India by drinks company Rich Energy is believed to be at an advanced stage, but the termination of his role as director is more likely to be related to the extradition to India that Mallya is currently fighting. Mallya is facing charges of money laundering and fraud, and, by stepping down, it would protect the team from any litagation against him. Mallya has reduced his...
Full Story »
7y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Mallya steps down as director at Force India

It has been revealed that Vijay Mallya has stepped down as a director of...
7y ago from Pitpass.com

Perez confident Force India can out-develop midfield...

Sergio Perez is convinced Force India can outperform midfield Formula 1...
7y ago from Crash.net

Force India reveal Ocon had brake-by-wire issue

Force India have revealed that Esteban Ocon suffered a brake-by-wire...
7y ago from GPBlog.com

Avoiding Hypersoft on Race Day Could be a ‘Big...

Andrew Green says it would be better for teams if they could avoid the...

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Nolan Siegel apologizes for profanity-filled radio rant

Arrow McLaren driver Nolan Siegel has apologized for what he said over...
21h ago from MotorsportWeek.c...

IndyCar breaks 1 million US TV viewers for third...

The NTT IndyCar Series is nearly through the first year with its new...

Popular On TotalWRC.com

Popular On GunnersToday.com

Rodrygo Goes player profile: Who is the Arsenal target...

We're hearing a lot about Real Madrid wide-forward Rodrygo Goes at the...
2h ago from CaughtOffside.com

'Has told friends and family he expects to join...

Viktor Gyokeres has reportedly told close friends and family that he...
3h ago from SportsKeeda.com

Benjamin Sesko player profile: A closer look at the RB...

RB Leipzig striker Benjamin Sesko has attracted the attention of the top...
2h ago from CaughtOffside.com

Arsenal midfielder set to leave club as he decides...

Arsenal star Thomas Partey is set to leave the club after failing to find...
5h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.