Vijay Mallya to pump $80m extra into Force India

  • Published on 22 Nov 2012 10:23
  • comments 0
  • By: Rob Veenstra
Vijay Mallya is pumping an extra $80 million into his formula one team. The news comes amid the well-documented financial struggles of his other business, the Indian airline Kingfisher. Mallya said this week: "We had a board meeting in India after the Abu Dhabi grand prix and the board has approved a $80 million capital investment programme for the team. We are going to invest heavily in new technology and give more tools to our design team to try and move further up the grid."

Because of the Kingfisher crisis, it had been rumoured that Force India might also find itself in financial trouble. But Mallya told F1's official website: "As far as Force India is concerned, we are alright. In fact both (co-owner) Sahara Sri Subrata Roy and myself went to see Bernie Ecclestone in Delhi during the grand prix and showed him that Force India was stable and financially safe."

The next item on Mallya's agenda is a 2013 teammate for Paul di Resta, with Nico Hulkenberg set to switch to Sauber after this weekend's Interlagos finale. "We are thinking about it, but we are in no immediate hurry because there does not seem to be the kind of quality we need to replace Nico available, either in the current grid or in GP2," he said.

Mallya suggested Adrian Sutil, Force India's long-time driver until 2011, is the leading candidate. "Adrian was always a very quick driver -- yes, he was out of formula one for one year, but I don't think that this would be a major handicap," he said. (GMM)

Order your Force India merchandise here!

Replies (0)

Login to reply

BE Grand Prix of Belgium

Local time 

BEGrand Prix of Belgium

Local time 

World Championship standings 2024

Show full world champion standings

Test calendar

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2024

Date
Grand Prix
Circuit
-
Bahrain
29 - Mar 2
Bahrain
7 - Mar 9
Saudi Arabia
22 - Mar 24
Australia
5 - Apr 7
Japan
19 - Apr 21
China
3 - May 5
United States of America
17 - May 19
Italy
24 - May 26
Monaco
7 - Jun 9
Canada
21 - Jun 23
Spain
28 - Jun 30
Austria
5 - Jul 7
United Kingdom
19 - Jul 21
Hungary
26 - Jul 28
Belgium
23 - Aug 25
Netherlands
30 - Sep 1
Italy
13 - Sep 15
Azerbaijan
20 - Sep 22
Singapore
18 - Oct 20
United States of America
25 - Oct 27
Mexico
1 - Nov 3
Brazil
22 - Nov 24
United States of America
29 - Dec 1
Qatar
6 - Dec 8
United Arab Emirates
See full schedule

Formula 1 Calendar - 2024

Date
Grand Prix & Circuit
29 - Mar 2
7 - Mar 9
Saudi Arabia Jeddah Street Circuit
22 - Mar 24
Australia Albert Park
5 - Apr 7
19 - Apr 21
3 - May 5
United States of America Miami International Autodrome
17 - May 19
24 - May 26
Monaco Monte Carlo
7 - Jun 9
21 - Jun 23
28 - Jun 30
Austria Red Bull Ring
5 - Jul 7
United Kingdom Silverstone
19 - Jul 21
Hungary Hungaroring
26 - Jul 28
23 - Aug 25
Netherlands Circuit Zandvoort
30 - Sep 1
Italy Monza
13 - Sep 15
Azerbaijan Baku City Circuit
20 - Sep 22
18 - Oct 20
United States of America Circuit of the Americas
25 - Oct 27
1 - Nov 3
Brazil Interlagos
22 - Nov 24
United States of America Las Vegas Street Circuit
29 - Dec 1
6 - Dec 8
United Arab Emirates Yas Marina Circuit
See full schedule

Team profile

Show full profile
show sidebar