Close X
Monday, September 23, 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

    Emirates Group announces record profits

    Emirates Group announces record profits
    During the 2015-16 financial year, both Emirates and dnata achieved new capacity and profit milestones, as the Group continued to expand its global footprint, and strengthen its business through strategic investments. 

    Emirates Group announces record profits

    A Donald Trump Truce? He's A Guest On Megyn Kelly's Fox TV Special

    A Donald Trump Truce? He's A Guest On Megyn Kelly's Fox TV Special
    When Megyn Kelly sits down with Donald Trump for her prime-time special on the Fox broadcasting network, the Fox News Channel host hopes to call a truce to the war waged by the presumptive Republican nominee

    A Donald Trump Truce? He's A Guest On Megyn Kelly's Fox TV Special

    Retired Pakistani Army Officers Were Involved In 26/11: Husain Haqqani

    Retired Pakistani Army Officers Were Involved In 26/11: Husain Haqqani
    The publisher, Juggernaut Books, says there is a specific reference to the Pakistani Army in the book, a no-holds-barred analysis of the India-Pakistan relationship by Haqqani, adviser to four Pakistani prime ministers, including Benazir Bhutto.

    Retired Pakistani Army Officers Were Involved In 26/11: Husain Haqqani

    Donald Trump Foes Plan To Push Conservative Views At GOP Convention

    Donald Trump Foes Plan To Push Conservative Views At GOP Convention
    With Trump's last two rivals —Texas' Cruz and Ohio Gov. John Kasich — abandoning their campaigns, there's no remaining talk of snatching the presidential nomination away from Trump with a contested, multiballot convention battle.

    Donald Trump Foes Plan To Push Conservative Views At GOP Convention

    DND Owes The Federal Treasury $147M For Unauthorized Expenses, Cabinet Order

    DND Owes The Federal Treasury $147M For Unauthorized Expenses, Cabinet Order
    The department acknowledged five years ago it had made a mistake when it allowed soldiers and civilian staff to claim some travel expenses and benefits that fell outside of federal guidelines.

    DND Owes The Federal Treasury $147M For Unauthorized Expenses, Cabinet Order

    Chinese Man Loses In Country's 1st Transgender Labour Dispute

    A Chinese transgender man says he is disappointed but will continue to fight for equality after a labour arbitration panel rejected his complaint that he was fired unfairly, in China's first transgender job discrimination case.

    Chinese Man Loses In Country's 1st Transgender Labour Dispute