Close X
Wednesday, September 25, 2024
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

    Ministers To Put Dollars, Marijuana On Health Agenda With Ottawa

    Ministers To Put Dollars, Marijuana On Health Agenda With Ottawa
    The ministers say they'll be asking Federal Health Minister Jane Philpott to boost Ottawa's share of health spending to at least 25 per cent of their budgets.

    Ministers To Put Dollars, Marijuana On Health Agenda With Ottawa

    Ontario Woman In Hamilton Hospital Gets Dying Wish To See Her Horse One Last Time

    Ontario Woman In Hamilton Hospital Gets Dying Wish To See Her Horse One Last Time
    HAMILTON — Stephanie MacManus desperately wished to see her horse Luna one last tim

    Ontario Woman In Hamilton Hospital Gets Dying Wish To See Her Horse One Last Time

    Indian American Entrepreneur Shaan Patel Gets Invite To 'Shark Tank'

    Indian American Entrepreneur Shaan Patel Gets Invite To 'Shark Tank'
    26-year-old Indian-American entrepreneur from Nevada, in southwestern US, has been invited on Shark Tank, the popular American television series, the American Bazaar reported on Wednesday.

    Indian American Entrepreneur Shaan Patel Gets Invite To 'Shark Tank'

    Over 14,000 Indians Overstayed In US In 2015

    Over 14,000 Indians Overstayed In US In 2015
    Of the nearly nine lakh Indians who visited the US on visitor or business visa in 2015, more than 14,000 overstayed, a Department of Homeland Security (DHS) report has said.

    Over 14,000 Indians Overstayed In US In 2015

    Canadian Dollar Flies Above 70 Cents U.S. As Stock Markets Turn Around

    Canadian Dollar Flies Above 70 Cents U.S. As Stock Markets Turn Around
    The loonie was at 70.06 cents U.S. in late morning trading — more than a full cent above its close on Wednesday.

    Canadian Dollar Flies Above 70 Cents U.S. As Stock Markets Turn Around

    Quebec Police Raid Biker Gang Bunker In The Middle Of A Gathering

    Quebec Police Raid Biker Gang Bunker In The Middle Of A Gathering
    Police say heavily armed officers interrupted a weekly meeting held by The Devils Ghosts in Val-David.

    Quebec Police Raid Biker Gang Bunker In The Middle Of A Gathering