user icon

Mallya granted bail after appearing in court in India

  • Published on 01 Aug 2014 10:57
  • comments 0
  • By: Rob Veenstra
Although the meeting was ultimately cancelled, it was expected that one of the touted 'popularity working group' protagonists would be Vijay Mallya. The Indian, reportedly now a former billionaire, has had a troubled time recently as his airline Kingfisher stalled, forcing him to dip into his main source of wealth, his United Spirits drinks empire.

Although he apparently put up his hand to sit on F1's new 'popularity' panel, ultimately it was his Force India deputy Bob Fernley who was drafted in for the (cancelled) meeting on Thursday. That is because Mallya was in his native India, respecting a summons to personally appear in court for a criminal case about Kingfisher's non-payment of taxes.

Indian media report that flamboyant Mallya, dressed all in white including his shoes, was granted bail. Elsewhere in the country, the boss of Force India's co-owner and title sponsor Sahara is also spending his time applying for bail. Fellow Indian tycoon Subrata Roy currently sits in Delhi's Tihar jail for failing to pay billions in refunds to investors.

Reports say Roy's bail is set so high that the 66-year-old is set to be granted a conference room and internet connection so that he can negotiate the sale of assets including the Plaza Hotel in New York, and London's Grosvenor House. On track, things are going much more smoothly for Roy and Mallya's F1 team.

Mercedes powered Force India is currently fifth in the constructors' championship at mid-season, behind Williams but in front of F1's other Mercedes customer, the British grandee McLaren. "Yes, it was pretty cool in those last couple of months to see some of the historically big players behind us," Mallya told the sport's official website this week. (GMM)

Replies (0)

Login to reply

BE Grand Prix of Belgium

Local time 

BE Grand Prix of Belgium

Local time 

Related news

World Championship standings 2022

Show full world champion standings

Test calendar

See full test schedule

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Team profile

Show full profile

Formula 1 Calendar - 2022

Date
Grand Prix
Circuit
-
Spain
-
Bahrain
18 - Mar 20
Bahrain
25 - Mar 27
Saudi Arabia
8 - Apr 10
Australia
22 - Apr 24
Italy
6 - May 8
United States of America
20 - May 22
Spain
27 - May 29
Monaco
10 - Jun 12
Azerbaijan
17 - Jun 19
Canada
1 - Jul 3
United Kingdom
8 - Jul 10
Austria
22 - Jul 24
France
29 - Jul 31
Hungary
26 - Aug 28
Belgium
2 - Sep 4
Netherlands
9 - Sep 11
Italy
30 - Oct 2
Singapore
7 - Oct 9
Japan
21 - Oct 23
United States of America
28 - Oct 30
Mexico
11 - Nov 13
Brazil
18 - Nov 20
United Arab Emirates
See full schedule

Formula 1 Calendar - 2022

Date
Grand Prix & Circuit
18 - Mar 20
25 - Mar 27
Saudi Arabia Jeddah Street Circuit
8 - Apr 10
Australia Albert Park
22 - Apr 24
6 - May 8
United States of America Miami International Autodrome
20 - May 22
27 - May 29
Monaco Monte Carlo
10 - Jun 12
Azerbaijan Baku City Circuit
17 - Jun 19
1 - Jul 3
United Kingdom Silverstone
8 - Jul 10
Austria Red Bull Ring
22 - Jul 24
France Paul Ricard
29 - Jul 31
Hungary Hungaroring
26 - Aug 28
2 - Sep 4
Netherlands Circuit Zandvoort
9 - Sep 11
Italy Monza
30 - Oct 2
7 - Oct 9
21 - Oct 23
United States of America Circuit of the Americas
28 - Oct 30
11 - Nov 13
Brazil Interlagos
18 - Nov 20
United Arab Emirates Yas Marina Circuit
See full schedule
show sidebar