News Details
Mallya suffers legal setback in F1 sponsorship case
India's Supreme Court has rejected an appeal by Vijay Mallya to overturn charges against him for allegedly violating foreign exchange rules, adding to the legal challenges facing one of the country's most prominent businessmen. The country's enforcement directorate, responsible for fighting financial crime, has alleged Mallya entered into an unauthorised agreement in 1995 to advertise the Kingfisher beer brand name on racing cars during Formula One championships between 1996 and 1998. Mallya is chairman of United Breweries which makes Kingfisher beer and is now around 40 percent owned by Dutch brewer Heineken. The directorate has said he did the advertising deal without seeking permission...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Lotus chief claims financial solution has been found
The Lotus racing chief Matthew Carter said he is confident that the...
10y ago from GrandPrix247.com
Lotus faces administration if deal can't be struck
The Lotus F1 Team is facing administration if it fails to reach an...
10y ago from GrandPrixTimes.com
Lotus F1 dodges ‘winding up petition’ in court
Reports of financial strife at Lotus have resurfaced this week. Amid...
10y ago from ThisIsF1.com
Lotus dodges winding up petition in court
Reports of financial strife at Lotus have resurfaced this week. Amid...
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Honda to debut 2027 MotoGP bike in Sepang this week
No description available...
10h ago from Motorsport.com
MotoGP shelves ‘leg wing’ ban but will revisit...
No description available...
11h ago from Motorsport.com
Pirelli wants to test new MotoGP tyres with 2027 bikes...
No description available...
1d ago from Motorsport.com
Who crashed the most during the 2025 MotoGP season?
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Simpson hoping Sunoco partnership grows into...
No description available...
8h ago from Motorsport.com
Sunoco makes full-time IndyCar return as primary...
No description available...
3d ago from Motorsport.com
Chip Ganassi Racing lands new sponsor for Kyffin...
Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...
3d ago from MotorsportWeek.c...
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Loeb admits you “need some luck to win”...
No description available...
11h ago from Motorsport.com
Yohan Rossel and Nikolay Gryazin spearhead Lancia’s...
Team Lancia Corse HF has announced the 2025 WRC2 championship runners-up...
1d ago from MotorsportWeek.c...
Lancia reveals driver line-up for 2026 WRC return
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsecast Extra Episode 671 – 15.12.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
12h ago from Arseblog.com
AC Milan plotting January move for Arsenal star who...
AC Milan have reportedly made Gabriel Jesus their top attacking target for...
16h ago from CaughtOffside.com
It's fine to to win and be annoyed
Morning all. It's the start of a new week, and now that the dust has...
17h ago from Arseblog.com
“Maybe it’s because I’m not involved” - Arsene...
Former Arsenal manager Arsene Wenger reckons the Gunners have a good...
13h ago from SportsKeeda.com
Comments
Hottest News
Zak Brown drops ‘f***ing Alpine' remark towards Oscar...
Zak Brown dropped a foul-mouthed joke at both... Read More »
8h ago from MotorsportWeek.com
Oscar Piastri booed over McLaren disqualification comments
Oscar Piastri found himself on the receiving end... Read More »
4h ago from GPFans.com
F1 fan's Mum does AMAZING job turning McLaren car into a...
An F1 fan's Mum has documented a stunning effort... Read More »
3h ago from GPFans.com
