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

    We Are Really Blessed To Have Neighbours Like India: Sushil Koirala

    Appreciating the help extended by Indian rescuers following the devastating earthquake that rocked Nepal on April 25, Prime Minister Sushil Koirala said on Friday that the country is blessed to have neighbours like India.

    We Are Really Blessed To Have Neighbours Like India: Sushil Koirala

    India 'A Life Saver', Say Grateful Quake Survivors

    India 'A Life Saver', Say Grateful Quake Survivors
    India was quick to respond to the disaster by launching a massive relief and rescue operation within hours of the temblor that has left over 6,000 people dead.

    India 'A Life Saver', Say Grateful Quake Survivors

    Is Australian Coal-lobby Blocking Uranium Deal With India?

    Is Australian Coal-lobby Blocking Uranium Deal With India?
    After India signed a deal with Canada on uranium imports during Prime Minister Narendra Modi's visit to Ottawa, questions are being raised as to why it has taken Canberra so long to clinch a similar pact.

    Is Australian Coal-lobby Blocking Uranium Deal With India?

    Over 5,000 Dead In Nepal Quake; 1,600 Tourists Rescued

    Over 5,000 Dead In Nepal Quake; 1,600 Tourists Rescued
    The toll in the massive earthquake that devastated Nepal on April 25 crossed 5,000 on Wednesday, Sindhupalchok being the worst affected district with 1,400 deaths, the government said.

    Over 5,000 Dead In Nepal Quake; 1,600 Tourists Rescued

    Payments For Caring For Kids, Elderly Will Benefit Women: UN's Laxmi Puri

    Payments For Caring For Kids, Elderly Will Benefit Women: UN's Laxmi Puri
    Making the care of children, the elderly and the sick into economically paying jobs could become an engine of employment benefiting at least one billion women worldwide, according to Laxmi Puri, a ranking UN official on women's issues.

    Payments For Caring For Kids, Elderly Will Benefit Women: UN's Laxmi Puri

    4,347 Dead in Nepal, Prime Minister Koirala Fears Toll May Touch 10,000

    4,347 Dead in Nepal, Prime Minister Koirala Fears Toll May Touch 10,000
    The death toll in Nepal's deadly earthquake could touch as high as 10,000, Prime Minister Sushil Koirala warned on Tuesday, as the Himalayan nation battled food and water shortages and rescuers reached some of the remotest areas worst hit by the disaster.

    4,347 Dead in Nepal, Prime Minister Koirala Fears Toll May Touch 10,000