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

    India wants to energise trade ties with EU

    India wants to energise trade ties with EU
    Indian Ambassador to the European Union (EU) and Belgium Manjeev Singh Puri has called for energising EU-India trade and economic relations....

    India wants to energise trade ties with EU

    IS launches major offensive against Iraqi city

    IS launches major offensive against Iraqi city
    The Islamic State (IS) Sunni radical group launched a large-scale offensive Friday on the Iraqi city of Ramadi, the capital of strife-torn Anbar province...

    IS launches major offensive against Iraqi city

    Four nabbed, jailed for murders of Miss Honduras, sister

    Four nabbed, jailed for murders of Miss Honduras, sister
    Four people involved in the murder of Miss Honduras World Maria Jose Alvarado and her sister Sofia Trinidad, whose bodies were buried Thursday...

    Four nabbed, jailed for murders of Miss Honduras, sister

    Leader killed in US drone attack, confirms Al Qaeda

    Leader killed in US drone attack, confirms Al Qaeda
    Global terrorist organisation Al Qaeda's branch in the Indian sub-continent Thursday confirmed the death of one of its leaders, Adil Qudoos in a US drone attack....

    Leader killed in US drone attack, confirms Al Qaeda

    Norway to launch designer passports

    Norway to launch designer passports
    Norwegian passports will soon go stylish as the country's National Police Directorate has announced the winner of a competition to redesign the document....

    Norway to launch designer passports

    Obama shows benevolence to illegal immigrants

    Obama shows benevolence to illegal immigrants
    Asserting his authority, a defiant President Barack Obama resorted to unilateral executive action to fix America's broken immigration system and protect...

    Obama shows benevolence to illegal immigrants