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

    Indian army chief conferred honorary Nepal Army title

    Indian army chief conferred honorary Nepal Army title
    Nepalese President Ram Baran Yadav Thursday conferred the honorary title of General of the Nepal Army upon visiting Indian Army Chief Gen. Dalbir Singh....

    Indian army chief conferred honorary Nepal Army title

    Wagah suicide bomber was 25-year-old: militants

    Wagah suicide bomber was 25-year-old: militants
    The Tehreek-i-Taliban Pakistan's (TTP) Jamaat-ul-Ahrar faction Thursday released details of a man it said carried out the deadly suicide bombing near the Pakistan-India...

    Wagah suicide bomber was 25-year-old: militants

    Investigators leave MH17 crash site in east Ukraine

    Investigators leave MH17 crash site in east Ukraine
    Dutch investigators probing the Malaysia Airlines flight MH17's crash site Thursday left the Donetsk region in east Ukraine....

    Investigators leave MH17 crash site in east Ukraine

    Imran Khan dares Pakistan government to arrest him

    Imran Khan dares Pakistan government to arrest him
    Pakistan's Tehreek-i-Insaf (PTI) party chairman Imran Khan has refused to seek bail after being charged with attacks on the parliament and PTV buildings in Islamabad, media reported Thursday....

    Imran Khan dares Pakistan government to arrest him

    Modi meets Chinese premier, gets China invite

    Modi meets Chinese premier, gets China invite
    Indian Prime Minister Narendra Modi Thursday had his first meeting with Chinese Premier Li Keqiang who invited him to visit China....

    Modi meets Chinese premier, gets China invite

    US, Chinese presidents discuss new type of bilateral ties

    US, Chinese presidents discuss new type of bilateral ties
    Chinese President Xi Jinping Wednesday held talks with US President Barack Obama, underscoring commitment to building a new type of major-country....

    US, Chinese presidents discuss new type of bilateral ties