Tuesday, December 16, 2025
ADVT 
International

Vijay Mallya Says Life Must go on, in Public Appearance at British GP

The Canadian Press, 08 Jul, 2016 11:30 AM
    Embattled Indian business tycoon Vijay Mallya, declared a proclaimed offender by a Mumbai court in a money laundering case, on Friday said that "life must go on" as he made a rare public appearance on the Formula 1 racing track in Silverstone.
     
    The UB Group chairman, who has been based in the UK since early this year and who co-owns Sahara Force India, was at Silverstone for the Formula 1 British Grand Prix.
     
    "I love racing, I'm a petrolhead, I'm passionate about it, that's why I bought this team in the first place. Monaco I missed terribly, I missed the bonus of the podium in Monaco, I missed Baku, which I believe is fantastic. To that extent I'd be lying if I said I missed nothing," he said.
     
    "Having said that life must go on, and being based here and not travelling I have more time to devote to what I want to. Working out six days a week so I shed a few kilos and I'm feeling good and fit," he told 'motorsport.com'.
     
    The liquor baron admitted that the inability to travel due to his passport being revoked by the Indian government is "frustrating".
    "But equally it isn't the end of the world. England has always been a home to me, I've been resident here with leave to remain indefinitely since 1992, so I am very familiar with it. It isn't as if I am in some sort of alien land."
     
     
    In reference to Force India, he said the team was in a healthy state and will target fourth place this season.
     
    "Fourth is the target, we'll do everything we can to get there. The finances of the team are vastly improved, and in fact have improved year on year. It doesn't cost the shareholders what it did five or six years ago," he said.
     
    Force India have 59 points while Williams are fourth with 92 points.
     
    Mallya is currently wanted in India over loan default cases related to the now-defunct Kingfisher Airlines.
     
    The Enforcement Directorate (ED) has published a court-issued proclamation for him to appear before the special PMLA court on July 29.

    MORE International ARTICLES

    Al Qaeda to launch Indian branch: Report

    Al Qaeda to launch Indian branch: Report
    Al Qaeda leader Ayman al-Zawahiri has announced in a video message the creation of an Indian branch of his militant group to "raise the flag of jihad" across South Asia, a media report said....

    Al Qaeda to launch Indian branch: Report

    Obama to convene UN summit on foreign fighters threat

    Obama to convene UN summit on foreign fighters threat
    US President Barack Obama will convene a Security Council summit on "growing and dangerous phenomenon" of foreign terrorist fighters, American...

    Obama to convene UN summit on foreign fighters threat

    Ebola outbreak racing out of control, says UN officials

    Ebola outbreak racing out of control, says UN officials
    The Ebola virus outbreak in West Africa is racing ahead of efforts to control it and at least $600 million is needed to get the unprecedented epidemic under...

    Ebola outbreak racing out of control, says UN officials

    Earth set for close encounter with asteroid

    Earth set for close encounter with asteroid
    At the time of closest approach, 2014 RC will be approximately one-tenth the distance from the centre of the Earth to the moon, or about 40,000 km....

    Earth set for close encounter with asteroid

    Tech Insiders: Firms Implemented Plans To Stem Spread Of Grisly Video After Syria Beheading

    Tech Insiders: Firms Implemented Plans To Stem Spread Of Grisly Video After Syria Beheading
    Tech companies drafted plans to scrub the web after a grisly video showing the beheading of an American journalist by Islamic State militants - and implemented them this week after a second killing, a Silicon Valley insider said Wednesday.

    Tech Insiders: Firms Implemented Plans To Stem Spread Of Grisly Video After Syria Beheading

    NYC St. Patrick's Day Parade organizers say gay group to march under own banner for 1st time

    NYC St. Patrick's Day Parade organizers say gay group to march under own banner for 1st time
    NEW YORK, N.Y. - Organizers of next year's St. Patrick's Day Parade in New York City say a gay group will be allowed to march under its own banner for the first time....

    NYC St. Patrick's Day Parade organizers say gay group to march under own banner for 1st time