Close X
Friday, September 27, 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

    Canada's Trade Minister Chrystia Freeland Defends Diversity On Bill Maher's Talk Show

    Canada's Trade Minister Chrystia Freeland Defends Diversity On Bill Maher's Talk Show
    Freeland challenged Maher when he went on to say that it's nonsense to suggest that all religions are alike and share values.

    Canada's Trade Minister Chrystia Freeland Defends Diversity On Bill Maher's Talk Show

    Modi Sarkar On Right Track To Bring 'Achche Din': Lk Advani

    Modi Sarkar On Right Track To Bring 'Achche Din': Lk Advani
    "A system takes time to come on its own. As the direction of the government is correct, the results would sure be good

    Modi Sarkar On Right Track To Bring 'Achche Din': Lk Advani

    Modi Lauds Malay Indians, Announces $1 Mn For Students

    Modi Lauds Malay Indians, Announces $1 Mn For Students
    He also announced one million US dollar as additional fund to the corpus of the India-Students Trust Fund.

    Modi Lauds Malay Indians, Announces $1 Mn For Students

    Hillary Clinton proposes tax break for caregivers, part of a series of tax cuts for middle class

    The Democratic presidential candidate is unveiling her latest proposal on Sunday and plans to discuss it at a town hall-style meeting in Iowa. She is seeking a tax credit of up to $6,000 to offset caregiving expenses for elderly family members.

    Hillary Clinton proposes tax break for caregivers, part of a series of tax cuts for middle class

    Vancouver Mining Executives Trapped In Their Rooms As Gunmen Stormed Mali Hotel

    Vancouver Mining Executives Trapped In Their Rooms As Gunmen Stormed Mali Hotel
    The B2Gold Corp. executives were in the Radisson Blu hotel in the capital Bamako when Islamist militants launched the attack Friday morning.

    Vancouver Mining Executives Trapped In Their Rooms As Gunmen Stormed Mali Hotel

    Modi Calls For New Global Resolve To Fight Terror

    Modi Calls For New Global Resolve To Fight Terror
    Prime Minister Narendra Modi on Sunday called for a new global resolve to fight terrorism and spoke of the need for unimpeded commerce in the Asia Pacific and the Indian Ocean regions.

    Modi Calls For New Global Resolve To Fight Terror