Close X
Tuesday, October 1, 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

    Modi Joins Chinese Social Media Site Weibo

    Modi Joins Chinese Social Media Site Weibo
    Ahead of his visit to China later this month, Prime Minister Narendra Modi on Monday tweeted that he has joined Chinese microblogging website Weibo.

    Modi Joins Chinese Social Media Site Weibo

    Two Shot Dead After They Open Fire At Mohammed Cartoon Event In Texas

    Two Shot Dead After They Open Fire At Mohammed Cartoon Event In Texas
    In what was probably the first such attack on American soil, two gunmen opened fire outside the venue of a controversial cartoon contest on Prophet Mohammed in Texas on Sunday, only to be killed themselves as police returned fire.

    Two Shot Dead After They Open Fire At Mohammed Cartoon Event In Texas

    Nepal Asks Foreign Rescuers To Go, India Lists Assistance

    Nepal Asks Foreign Rescuers To Go, India Lists Assistance
    As the death toll from the April 25 disaster surged to 7,365 with more than 14,000 people injured, Nepal prepared to send home all foreign rescue and search teams.

    Nepal Asks Foreign Rescuers To Go, India Lists Assistance

    Fresh Tremors Hit Nepal On Sunday

    Fresh Tremors Hit Nepal On Sunday
    A week after a magnitude 7.9 earthquake jolted Nepal, three tremors were recorded on Sunday in different parts of the Himalayan nation.

    Fresh Tremors Hit Nepal On Sunday

    Family Says Alberta Couple Missing Since Nepal Earthquake Are Dead

    Family Says Alberta Couple Missing Since Nepal Earthquake Are Dead
    EDMONTON — Family of a Canadian husband and wife who have been missing since a massive earthquake in Nepal say the couple are dead.

    Family Says Alberta Couple Missing Since Nepal Earthquake Are Dead

    Two Billionaire NRIs Offer To Build 1,200 Houses In Nepal

    Two Billionaire NRIs Offer To Build 1,200 Houses In Nepal
    Two billionaire NRIs have offered to build 1,200 earthquake-resistant houses in quake-affected villages of Nepal immediately, Nepal's embassy in London has said.

    Two Billionaire NRIs Offer To Build 1,200 Houses In Nepal