News Details
Vijay Mallya’s might lose its F1 assets, soon
Vijay Mallya's might lose its F1 assets, soon The Indian enforcement directorate (ED) could begin its second round of attachment process against liquor magnate and Force India team Principal Vijay Mallya. Last week, in the fresh troubles for Mallya, his erstwhile group firm United Spirits disclosed Rs 1,225.3 crore worth fund diversion and improper transactions with entities associated with the beleaguered businessman including Kingfisher Airlines and his Formula One team. This corporate announcement by USL has triggered the ED for another round of action against Mallya. Sources within the agency confirmed that Mallya's might lose its F1 assets, soon. 'We have enough materials and...
Full Story »
Full Story »
9y ago from ThisIsF1.com
0
You May Also Be Interested In...
Force India preview the British Grand Prix
Force India preview the British Grand Prix, Round 10 of the 2016 Formula...
9y ago from GrandPrix247.com
Force India target fourth but switch focus to 2017 car
Force India principal Vijay Mallya hailed a big step forward for his...
9y ago from GrandPrix247.com
Vijay Mallya 'absolutely delighted' with return to...
Vijay Mallya says he is 'absolutely delighted' to be back in the Formula...
9y ago from GrandPrixTimes.com
Mallya expecting Force India to bounce back at...
XPB Images
Force India owner Vijay Mallya echoed the sentiment...
9y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu: Yamaha struggles make me think...
No description available...
3h ago from Motorsport.com
Andrea Iannone returns to MotoGP paddock in...
No description available...
2h ago from Motorsport.com
Is Alex Marquez’s Jerez MotoGP breakthrough real or...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
18h ago from Motorsport.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
3d ago from MotorsportWeek.c...
Mick Schumacher shares injury update after breaking...
No description available...
5d ago from Motorsport.com
Zanardi: The man whose name is a synonym for “hero”
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
2h ago from Motorsport.com
Why Hyundai’s WRC season “really starts” at...
No description available...
1d ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
5d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
5-year-contract: Journo drops transfer bombshell for...
Bayern Munich are wasting absolutely no time making their intentions clear...
4h ago from CaughtOffside.com
How many more points do Arsenal need to win Premier...
The Premier League title race took another incredible twist on Monday...
3h ago from SportsKeeda.com
'It really is contagious' - Martin Zubimendi reveals...
Arsenal midfielder Martin Zubimendi has mentioned the two attributes he...
3h ago from SportsKeeda.com
Everton troll Manchester City fan who went viral with...
Everton mocked Manchester City fan Tal Rehman, who went viral with his...
5h ago from SportsKeeda.com
Comments
Hottest News
Honda detail fresh priority after significant F1...
Honda has endured a challenging start to the new... Read More »
58m ago from RacingNews365.com
Lando Norris wants F1 to throw battery in the bin,...
Lando Norris has called for Formula 1 to go... Read More »
28m ago from GPFans.com
F1 boss admits Fernando Alonso qualifying failure was...
McLaren F1 boss Zak Brown has opened up on 'the... Read More »
2h ago from GPFans.com
