Close X
Thursday, October 3, 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

    When Nawaz Sharif Walks For Speech, Modi Reads Newspaper

    When Nawaz Sharif Walks For Speech, Modi Reads Newspaper
    The frostiness of ties between India and Pakistan was visible in the Nepalese capital at the 18th Saarc Summit's inaugural session Wednesday.

    When Nawaz Sharif Walks For Speech, Modi Reads Newspaper

    Seattle Mayor Pardons Tofu Turkey For Thanksgiving To Draw Attention To Hunger In Community

    Seattle Mayor Pardons Tofu Turkey For Thanksgiving To Draw Attention To Hunger In Community
    Spokesman Jason Kelly says Murray posed with the tofu turkey at City Hall to draw attention to hunger in the community. It will be donated to Rainier Valley Food Bank.

    Seattle Mayor Pardons Tofu Turkey For Thanksgiving To Draw Attention To Hunger In Community

    FTC: Sony Settles Misleading Advertising Claims Over Its Playstation Vita Gaming Console

    FTC: Sony Settles Misleading Advertising Claims Over Its Playstation Vita Gaming Console
    The Federal Trade Commission announced the settlement Tuesday, saying it took issue with some of the advertising claims that Sony Computer Entertainment America, the U.S.-based arm of the PlayStation business, made about "game changing" technology features of its PS Vita gaming console.

    FTC: Sony Settles Misleading Advertising Claims Over Its Playstation Vita Gaming Console

    Ready for talks but ball in India's court: Sharif

    Ready for talks but ball in India's court: Sharif
    Pakistan Prime Minister Nawaz Sharif Tuesday said Islamabad is ready to hold talks with India but "the ball is now in India's court", the Geo News reported....

    Ready for talks but ball in India's court: Sharif

    Obama calls for peace after Ferguson shooting ruling

    Obama calls for peace after Ferguson shooting ruling
    US President Barack Obama has called for peace after a grand jury decided not to indict a Ferguson police officer in Michael Brown shooting death case....

    Obama calls for peace after Ferguson shooting ruling

    Indian-American Renu Khator to lead Dallas Fed board

    Indian-American Renu Khator to lead Dallas Fed board
    India born Renu Khator, University of Houston(UH) president and UH System chancellor, is set to lead the board of directors for the Federal Reserve Bank of Dallas....

    Indian-American Renu Khator to lead Dallas Fed board