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

Callum Ilott, Christian Rasmussen given IndyCar grid...

The NTT IndyCar Series has handed out grid penalties for two drivers...

Dale Coyne Racing extends partnership with Ault...

Dale Coyne Racing has announced that Ault Blockchain will be a primary...
33m ago from MotorsportWeek.c...

Pato O’Ward turns quickest lap in practice for...

IndyCar took to the Nashville Superspeedway oval on Saturday afternoon,...
23m ago from MotorsportWeek.c...

Santino Ferrucci: Alternate aero package needed for...

For this weekend’s IndyCar finale at Nashville Superspeedway, the...
19h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Rovanperä leads, Fourmaux stars in Paraguay

Kalle Rovanperä and Jonne Halttunen took the lead of the inaugural Rally...
19h ago from MotorsportWeek.c...

Popular On GunnersToday.com

West Ham may have edge over Euro giants in race to...

West Ham United have reportedly joined the race for the potential transfer...
3h ago from CaughtOffside.com

Done deals: Arsenal set to confirm two major defensive...

Arsenal are pushing to wrap up two significant defensive deals before the...
6h ago from FreshArsenal.com

'Talks ongoing' – David Ornstein provides update...

Arsenal left-back Oleksandr Zinchenko is a transfer target for Marseille,...
7h ago from CaughtOffside.com

Exclusive details on complicated structure of Piero...

Piero Hincapie is set to become an Arsenal player as there's an agreement...
6h ago from CaughtOffside.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.