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

Will Power leads Team Penske to IndyCar pole at Gateway

World Wide Technology Raceway was the site of qualifying on Saturday...

IndyCar Gateway – Qualifying Results

The first short oval race of the season is on tap this weekend, and a...

Newgarden tops rain-affected IndyCar practice from...

IndyCar finally was able to complete its first practice session of the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal switch attention towards 'terrific player'...

Arsenal are now looking at Ollie Watkins as a potential target after...
4h ago from CaughtOffside.com

Serious offer incoming from Arsenal: Gunners could...

Arsenal have been linked with a move for the Real Madrid attacker Brahim...
5h ago from CaughtOffside.com

Arsenal's stance on Myles Lewis-Skelly's future at the...

Arsenal are hoping to sign a contract extension with Myles Lewis-Skelly...
5h ago from SportsKeeda.com

Arsenal will look to sign Premier League striker if...

Arsenal will reportedly turn their attention towards Aston Villa striker...
8h 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.