“At the moment, India won’t be on for next year for sure” – Ecclestone
Tag Archive: New Delhi
Vijay Mallya was not in a good mood when he was swamped by Indian media at his home grand prix.
The Indian billionaire had been branded an “absconder” by some of his countrymen as he holed up in London amid his ailing airline Kingfisher’s crisis. But he arrived at the Buddh circuit near New Delhi on Saturday, and immediately had to face a barrage of questions including whether his private Airbus had been “seized” by unpaid airline authorities.
Ferrari has waded right into a political debate by vowing to display the flag of the Italian navy on its formula one cars in India this weekend.
The famous team said the move is “in the hope that the Indian and Italian authorities will soon find a solution” to a situation involving two Italian sailors. Media reports said the sailors were being held by Indian authorities on murder charges, following the fatal shooting of two Indian fisherman mistaken for Somali pirates.
That Friday feeling
As preparations begin for Sunday’s Indian Grand Prix in New Delhi, the Marussia F1 Team is pleased to announce that it will be providing new Reserve Driver Max Chilton with the chance to demonstrate his potential in a competitive race weekend environment by taking part in next Friday’s Free Practice 1 session in Abu Dhabi.
Sahara India Pariwar announces co-ownership of the Force India Formula One Team with Dr. Vijay Mallya
Sahara India Pariwar will be investing approximately USD 100 mn into the Force India Formula One Team
Sahara India Pariwar, a leading promoter and patron of sports in India, today announced an equity investment in the Force India Formula One Team, India’s only F1 team. Subsequent to subscribing to new shares, Sahara India Pariwar will be investing approximately USD 100 mn into the Force India Formula One Team. With this investment both the Sahara India Pariwar and Dr. Mallya will own 42.5% each in the team. The Mol family’s equity will be at 15%.
The September inspection will be carried out personally by Whiting.
Charlie Whiting has moved to allay fears that India could falter at the final hurdle in organising its inaugural formula one race. With observers recalling last year’s Commonwealth Games in New Delhi, it has been rumoured that the grand prix might suffer the same shambolic preparations.