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...
10y 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...
10y ago from ThisIsF1.com
Force India secure 5 year Sminoff agreeement
The Sahara Force India Formula One team have secured a 5 year agreement...
10y 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...
10y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
49m ago from MotorsportWeek.c...
KTM backs “unlucky” Maverick Vinales to return and...
No description available...
29m ago from Motorsport.com
Aleix Espargaro hospitalised after crash in Sepang...
No description available...
1d ago from Motorsport.com
Jack Miller on Yamaha’s MotoGP struggles:...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
15h ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
21h ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
20h ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg out of Croatia Rally (for now)
Friday: Oliver Solberg crashed out of Rally Croatia about four km into...
4h ago from MotorsportWeek.c...
WRC Croatia: Oliver Solberg crashes out on opening...
No description available...
2h ago from Motorsport.com
Elfyn Evans out of Croatia – SS3
Croatia’s Friday stages were all new. With a 16 second lead going into...
2h ago from MotorsportWeek.c...
Jon Armstrong succumbs to Croatia stages
Jon Armstrong has retired from Rally Croatia in stage four after he...
1h ago from MotorsportWeek.c...
Popular On GunnersToday.com
“Ronaldo should pack it now” - Ex-Arsenal star...
Former Arsenal midfielder Anders Limpar has urged Cristiano Ronaldo to...
29m ago from SportsKeeda.com
Arsenal vs Bournemouth Prediction and Betting Tips |...
The Premier League returns to the fold with another set of matches this...
29m ago from SportsKeeda.com
Arsenal and Man United on alert as club green light...
Top Premier League clubs are on alert after finding out about the...
1h ago from CaughtOffside.com
Arsenal enter race to sign 22-year-old midfielder...
Arsenal have reportedly joined Leeds United in the race for Stade Rennais...
1h ago from SportsKeeda.com
Comments
Hottest News
Honda blamed for Adrian Newey F1 retirement U-turn: 'He was...
An F1 insider has revealed that Honda brought... Read More »
29m ago from GPFans.com
The first driver to put the Netherlands on the F1 map
He was certainly no Max Verstappen, but nobleman... Read More »
49m ago from F1i.com
F1 Driver Salaries: How much Hamilton, Verstappen and co...
F1 drivers' elite skill and willingness to risk... Read More »
1h ago from GPFans.com
