Vijay Mallya Formula 1
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F1: Racing Point To Get A Name Change Again For 2019
The Sahara Force India F1 team was finally put to rest when the team changed hands from Vijay Mallya to Lawrence Stroll, and was renamed Racing Point Force India. The new Stroll-led consortium of investors decided to drop Force India altogether and keep the name as just 'Racing Point' for 2019. Now, however, it seems that the Silverstone-based team...
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Force India Formula 1 Team To Continue Operations Amidst Financial Turmoil
The Force India Formula 1 team co-owned by Vijay Mallya has been in deep financial trouble for a while now. With rumours of the team shutting down day-to-day operations, Sergio Perez, one of the current drivers approached courts in the United Kingdom. His move was prompted by the fact that last Wednesday (July 25, 2018), one of the creditors who is...
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Force India Goes Into Administration
There was no further immediate comment from the team.
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F1: Sahara Force India Team Finds A New Owner
Billionaire Lawrence Stroll and father of Formula 1 driver Lance Stroll has reported to have bought the Sahara Force India F1 team. Stroll will be replacing its current owners Vijay Mallya, Subrata Roy and Michael Mol. Both Roy and Mallya have been embroiled in financial illegalities respectively, while the team hasn't been doing well financials, w...
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F1: Vijay Mallya Resigns As Director Of Force India Team, Son Siddharth To Take The Job
With cases of money laundering looming over Vijay Mallya, the Sahara Force India co-owner has stepped down from his position as Managing Director of the team. The Indian businessman, however, will continue to remain a shareholder and Team Principal of the Formula 1 team. Meanwhile, Bob Fearnley will remain in his role as the Deputy Principal. Vijay...
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Vijay Mallya Steps Down As Force India F1 Team Director
Vijay Mallya has cited his need to focus on his legal issues as the reason for the move.
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Force India F1 Team Plays Down Sale Speculation
Force India have finished fourth in the championship for the past two seasons.
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Gautam Singhania Elected To FIA World Motor Sports Council; Replaces Vijay Mallya
In a big step up for Indian motorsport, avid racer and industrialist Gautam Singhania has been elected in the FIA World Motor Sports Council (WMSC) during the FIA Annual General Assembly in Paris on Friday. Singhania replaces Indian motorsport body's earlier representative Sahara Force India F1 boss Vijay Mallya, who stepped down from the post in J...
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Vijay Mallya's Replacement Representing India At The FIA To Be Announced Soon
The Federation of Motor Sports Clubs of India (FMSCI) will be announcing a new representative from India to the Federation Internationale de l'Automobile (FIA) in October this year. Speaking to Carandbike.com on the sidelines of the JK Tyre NRC Round 2, FMSCI - President, Akbar Ebrahim said that the new member will be elected during the final counc...
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Vijay Mallya Resigns As India's Representative To The FIA
Vijay Mallya, who has been accused of money laundering and defrauding banks in India, was asked to resign as per a directive sent by the sports ministry,
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Vijay Mallya's F1 Team May Drop 'India' From Force India
Force India COO Szafnauer said that it makes sense to change the team's name.
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F1 2017: Force India Could Be Rebranded As Force One
The only team to represent India on the grid, Force India has been on the grid for a decade now but could soon get a name change, a recent report suggests.
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Vijay Mallya Used IDBI Loan For Kingfisher Airlines To Fund Formula 1 Race Team Too', Alleges Enforcement Directorate
Business tycoon Vijay Mallya was "the prime mover in the plot" to launder a big chunk of the 900 crore-bank loan taken to keep Kingfisher Airlines flying in 2009 and had used part of the IDBI bank loan to even fund the Force India Formula 1 Team, the Enforcement Directorate has alleged in charges filed in a Mumbai court on Wednesday.
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Nico Hulkenberg Set For Renault Switch From Force India
Force India have agreed to release Nico Hulkenberg from the contract with team boss Vijay Mallya on Friday confirming the same.
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Force India Says News Of Being Taken Over by Mexican Billionaire 'Baseless'
Mexican broadcaster Grupo Imagen had reported that billionaire Carlos Slim is buying Force India co-owned by team principal Vijay Mallya
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F1: Racing Point To Get A Name Change Again For 2019
The Sahara Force India F1 team was finally put to rest when the team changed hands from Vijay Mallya to Lawrence Stroll, and was renamed Racing Point Force India. The new Stroll-led consortium of investors decided to drop Force India altogether and keep the name as just 'Racing Point' for 2019. Now, however, it seems that the Silverstone-based team...
-
Force India Formula 1 Team To Continue Operations Amidst Financial Turmoil
The Force India Formula 1 team co-owned by Vijay Mallya has been in deep financial trouble for a while now. With rumours of the team shutting down day-to-day operations, Sergio Perez, one of the current drivers approached courts in the United Kingdom. His move was prompted by the fact that last Wednesday (July 25, 2018), one of the creditors who is...
-
Force India Goes Into Administration
There was no further immediate comment from the team.
-
F1: Sahara Force India Team Finds A New Owner
Billionaire Lawrence Stroll and father of Formula 1 driver Lance Stroll has reported to have bought the Sahara Force India F1 team. Stroll will be replacing its current owners Vijay Mallya, Subrata Roy and Michael Mol. Both Roy and Mallya have been embroiled in financial illegalities respectively, while the team hasn't been doing well financials, w...
-
F1: Vijay Mallya Resigns As Director Of Force India Team, Son Siddharth To Take The Job
With cases of money laundering looming over Vijay Mallya, the Sahara Force India co-owner has stepped down from his position as Managing Director of the team. The Indian businessman, however, will continue to remain a shareholder and Team Principal of the Formula 1 team. Meanwhile, Bob Fearnley will remain in his role as the Deputy Principal. Vijay...
-
Vijay Mallya Steps Down As Force India F1 Team Director
Vijay Mallya has cited his need to focus on his legal issues as the reason for the move.
-
Force India F1 Team Plays Down Sale Speculation
Force India have finished fourth in the championship for the past two seasons.
-
Gautam Singhania Elected To FIA World Motor Sports Council; Replaces Vijay Mallya
In a big step up for Indian motorsport, avid racer and industrialist Gautam Singhania has been elected in the FIA World Motor Sports Council (WMSC) during the FIA Annual General Assembly in Paris on Friday. Singhania replaces Indian motorsport body's earlier representative Sahara Force India F1 boss Vijay Mallya, who stepped down from the post in J...
-
Vijay Mallya's Replacement Representing India At The FIA To Be Announced Soon
The Federation of Motor Sports Clubs of India (FMSCI) will be announcing a new representative from India to the Federation Internationale de l'Automobile (FIA) in October this year. Speaking to Carandbike.com on the sidelines of the JK Tyre NRC Round 2, FMSCI - President, Akbar Ebrahim said that the new member will be elected during the final counc...
-
Vijay Mallya Resigns As India's Representative To The FIA
Vijay Mallya, who has been accused of money laundering and defrauding banks in India, was asked to resign as per a directive sent by the sports ministry,
-
Vijay Mallya's F1 Team May Drop 'India' From Force India
Force India COO Szafnauer said that it makes sense to change the team's name.
-
F1 2017: Force India Could Be Rebranded As Force One
The only team to represent India on the grid, Force India has been on the grid for a decade now but could soon get a name change, a recent report suggests.
-
Vijay Mallya Used IDBI Loan For Kingfisher Airlines To Fund Formula 1 Race Team Too', Alleges Enforcement Directorate
Business tycoon Vijay Mallya was "the prime mover in the plot" to launder a big chunk of the 900 crore-bank loan taken to keep Kingfisher Airlines flying in 2009 and had used part of the IDBI bank loan to even fund the Force India Formula 1 Team, the Enforcement Directorate has alleged in charges filed in a Mumbai court on Wednesday.
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Nico Hulkenberg Set For Renault Switch From Force India
Force India have agreed to release Nico Hulkenberg from the contract with team boss Vijay Mallya on Friday confirming the same.
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Force India Says News Of Being Taken Over by Mexican Billionaire 'Baseless'
Mexican broadcaster Grupo Imagen had reported that billionaire Carlos Slim is buying Force India co-owned by team principal Vijay Mallya
