Force India News

Case against Vijay Mallya heats up

The court case against former Kingfisher Airways owner and Force India partner Vijay Mallya is heating up, with a consortium of banks asking for a travel ban on the Indian businessman. 

Although denying over the weekend that he would leave India, reports from the local press have suggested he has already left the country, heading to either Switzerland or London.

Banks are asking for repayments of loans given to the businessman, with a deal already reached with drinks manufacturer Diagio for $75m.

With the current problems in India for Mallya it is uncertain what the future holds for Force India. A partnership between Diagio and Aston Martin was floated in the preseason, although the luxury automobile manufacturer backed out of the idea despite working on deals with a number of teams in the second half of last season.

It is believed that Diagio have already paid Mallya $40m of the $75m promised, beating the banks to the money.

Image via Force India

About the author

Ashley Quint

Ashley founded the Purple Sector website back in 2012, later renamed to SpeedMajor which now covers both Formula 1 and Formula E. As well as writing on Formula 1, Ashley also works within the world of luxury travel and was a finalist in the Aspire Travel Trade Writer of the Year competition in 2013.

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