Force India boss Vijay Mallya’s grounded airline Kingfisher appears close to folding.

Respected business newspapers, including the Wall Street Journal, said plans by Kingfisher’s lenders to recall loans is “likely to cause severe financial strain” across Mallya’s entire portfolio.






It was believed the capital Bangkok was targeting its inaugural grand prix in 2014. But F1 chief executive Bernie Ecclestone has been quoted in the Wall Street Journal as saying the first Thai street race, staged under floodlights, will be in 2015. 

