News Details
Force India's team – Falling apart from the inside out
Vijay Mallya, the Force India boss and co-owner, will receive $75 million to walk away from a company. United Spirits, the flagship company of the United Breweries Mallya took over from his father, will now pay the 60-year-old $75 million to leave after a bitter fight with Diageo. Diageo, the alcohol multinational, had been fighting with Mallya since taking a stake in United Spirits. But Mallya will now receive $40 million immediately and the rest in instalments. While Diageo has agreed to extend Smirnoff’s $15 million per season sponsorship of the team for five more years. “The time has now come for me to move on and end all the publicised allegations and uncertainties about my...
Full Story »
Full Story »
You May Also Be Interested In...
Mallya gets $75 million payout and keeps F1 team
Force India boss and co-owner Vijay Mallya will receive $75 million to...
9y ago from GrandPrix247.com
Force India boss gets $75m, F1 sponsor deal, in...
Force India boss gets $75m, F1 sponsor deal, in company split Vijay...
9y ago from ThisIsF1.com
Force India secure 5 year Sminoff agreeement
The Sahara Force India Formula One team have secured a 5 year agreement...
9y ago from JWGrandPrix.com
Mallya: Williams and Red Bull in Force India's sights
Force India boss Vijay Mallya says the team has its sights set on...
9y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Victoria Government rejects MotoGP requests to move...
The Victoria State Government has rejected a request from MotoGP to move...
12h ago from MotorsportWeek.c...
Australian government rejects MotoGP proposal to race...
No description available...
16h ago from Motorsport.com
Dorna Sports unveils rebrand as part of MotoGP...
Dorna Sports has announced it will be officially known as MotoGP Sports...
16h ago from MotorsportWeek.c...
Carlos Ezpeleta: 'We are in hurry to lay foundations...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
David Malukas heads the timesheets in opening IndyCar...
The NTT IndyCar Series held the first of two open test days at Phoenix...
2h ago from MotorsportWeek.c...
David Malukas paces first day of Unser IndyCar Open...
No description available...
2h ago from Motorsport.com
George Barber, founder of iconic IndyCar venue, passes...
Barber Motorsports Park has announced that founder of the iconic track...
7h ago from MotorsportWeek.c...
Dale Coyne “would like to be in the game” for...
No description available...
4h ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
2d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
2d ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
‘All formal steps completed' – BBC man...
Arsenal have officially agreed to a blockbuster new contract with star...
8h ago from CaughtOffside.com
Contract stand-off alert: Arsenal smell opportunity as...
Arsenal are plotting an ambitious move to sign the PSG superstar Ousmane...
8h ago from CaughtOffside.com
Arsenal get green light as 35-goal forward eyes summer...
Nico Williams has been linked with a move away from Athletic Club Bilbao...
7h ago from CaughtOffside.com
'He’s got everything to suit the best clubs in...
Former Chelsea star Emmanuel Petit has urged Arsenal to sign Julian...
8h ago from SportsKeeda.com
Comments
Hottest News
“Energy management is going to be key,” Hamilton raises...
Lewis Hamilton has voiced strong concerns about... Read More »
1h ago from F1Technical.net
'It's going to take a while to get used to driving these...
Reflecting on McLaren's performance during the... Read More »
2h ago from F1Technical.net
F1 Testing 2026: Bahrain driver lineups and team schedules
The second round of official pre-season testing... Read More »
5h ago from GPFans.com
