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

    Imran Khan turns down government's dialogue offer

    Imran Khan turns down government's dialogue offer
    Pakistan Tehreek-i-Insaf (PTI) chief Imran Khan has turned down the government’s offer to hold talks, media reported Sunday....

    Imran Khan turns down government's dialogue offer

    G20 endorses India's concerns on black money

    G20 endorses India's concerns on black money
    Endorsing India's concerns about black money and tax avoidance, G20 leaders Sunday promised to modernise international tax rules....

    G20 endorses India's concerns on black money

    'IS seven times bigger than Western estimates'

    'IS seven times bigger than Western estimates'
    The West may have severely underestimated the strength of the Islamic State (IS) Sunni radical organisation, which may have raised an army of at least 200,000 fighters...

    'IS seven times bigger than Western estimates'

    Men detained outside Obama's hotel in Brisbane

    Men detained outside Obama's hotel in Brisbane
    Two men have been released after police detained them Sunday for more than an hour near the US president's hotel in Brisbane....

    Men detained outside Obama's hotel in Brisbane

    Qatar sheltering Al Qaeda financiers: US official

    Qatar sheltering Al Qaeda financiers: US official
    A top US official has accused Qatar of sheltering two financiers of the global terror network, Al Qaeda, media reported Sunday....

    Qatar sheltering Al Qaeda financiers: US official

    After Brisbane, euphoric reception awaits Modi in Sydney

    After Brisbane, euphoric reception awaits Modi in Sydney
    The Indian diaspora in Sydney is awaiting Indian Prime Minister Narendra Modi's quick-fire, high-energy visit Monday....

    After Brisbane, euphoric reception awaits Modi in Sydney