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Force India not affected by Mallya's latest troubles

Force India not affected by Mallya's latest troubles

  • Published on 03 Sep 2014 16:45
  • comments 0
  • By: Rob Veenstra
Force India has played down this week's alarming news from India about team supremo Vijay Mallya. Amid the decline of his airline Kingfisher, the former billionaire was declared a 'wilful defaulter' by the public sector lender the United Bank of India, meaning he will lose his director positions and be unable to borrow money.

An insider explained: "Any company in which they are directors, those companies would be affected." And the very latest news is that India's supreme court rejected Mallya's petition challenging the 'wilful defaulter' tag, causing some to wonder if the 58-year-old's entire empire could begin to crumble.

The chief of Force India's title sponsor Sahara, Subrata Roy, is currently in jail on financial charges, but a team spokesperson has played down the effect Mallya's latest troubles will have on the Silverstone based outfit. "The team will not be affected in any way," the spokesperson told PA Sport. (GMM)
F1 News Force India
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Sochi Autodrom
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Circuit Suzuka
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Circuit of the Americas
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19 - Nov 21
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Formula 1 Calendar - 2021

Date
Grand Prix & Circuit
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Bahrain Bahrain International Circuit
26 - Mar 28
Bahrain Bahrain International Circuit
16 - Apr 18
Italy Autodromo Enzo e Dino Ferrari
30 - May 2
Portugal Autódromo Internacional do Algarve
7 - May 9
Spain Circuit de Catalunya
21 - May 23
Monaco Monte Carlo
4 - Jun 6
Azerbaijan Baku City Circuit
11 - Jun 13
Canada Gilles Villeneuve
25 - Jun 27
France Paul Ricard
2 - Jul 4
Austria Red Bull Ring
16 - Jul 18
United Kingdom Silverstone
30 - Aug 1
Hungary Hungaroring
27 - Aug 29
Belgium Spa-Francorchamps
3 - Sep 5
Netherlands Circuit Zandvoort
10 - Sep 12
Italy Monza
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Russian Sochi Autodrom
1 - Oct 3
Singapore Marina Bay Street Circuit
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United States of America Circuit of the Americas
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