Arrest warrant for Vijay Mallya

mattx2 · 12 Oct 2012 at 15:04

I hope this isn't the end for Force India they have been one of the better new teams but it doesn't look good for VJ

http://www.businessweek.com/ap/2012-10-12/kingfisher-likely-to-halt-flights-through-oct-dot-20

wallofsound · 12 Oct 2012 at 16:46

It does not look good for the finances either. I have a feeling that they are going to have 2 pay drivers need pay drivers next year...

Indy500 · 12 Oct 2012 at 17:19

One wonders if he was funnelling a lot of the business revenue into F1, in order to make an improvement from the Midland\Spyker mess that existed when he bought the former Jordan team.

arknor · 12 Oct 2012 at 19:55

his drinks company still earns a lot of money.

i dont understand why he keeps the airline going when its obviously a failure and he isnt prepared to put profits from his other company into it to keep it afloat

englishpremier · 14 Oct 2012 at 17:48

Kingfisher beers is also in trouble and has become a target for its greatest rival.

The Sarah group who are part owners of FI are also in trouble after been ordered to repay $3bn worth of investments.

Westyfield2 · 14 Oct 2012 at 18:25

Hope he doesn't have to sell the Indian Empress!

Gibbs · 18 Oct 2012 at 13:40

seems hes found a few million to pay Hyderabad airport. must have had a hoke down the back of the sofa last night

http://www.gpupdate.net/en/f1-news/285813/mallya-settles-outstanding-payments/

arknor · 18 Oct 2012 at 17:10

Gibbs said:
seems hes found a few million to pay Hyderabad airport. must have had a hoke down the back of the sofa last night

http://www.gpupdate.net/en/f1-news/285813/mallya-settles-outstanding-payments/

his alchohol company still makes a lot of money, the share prices for it arent dropping either

Duke · 18 Oct 2012 at 17:20

He's been in trouble before for late/none payments, just pushing it too far each time.