Channel IT branding will appear on the side pod wing of the VJM08 from this weekend’s Australian Grand Prix.
Tag Archive: Vijay Mallya
Rival F1 team Force India has blasted outgoing world champions Red Bull as the “cheats” of the sport.
“Red Bull gives you flexible wings,” team supremo and co-owner Vijay Mallya said on Twitter on Sunday. The former Indian billionaire’s attack on the energy drink-owned team follows not just the latest flexible wing saga, but also team boss Christian Horner supposedly enraging his counterparts in a recent meeting.
F1’s three angry teams seemed slightly less angry on Saturday after a meeting with Donald Mackenzie.
The usually paddock-shy CVC chief made the trip to Abu Dhabi to meet with Bernie Ecclestone and Lotus, Sauber and Force India, with the three teams crying foul over how the power and income is distributed within formula one.
Battle lines are being drawn as F1 reacts to the ‘crisis’ of collapsing teams.
But Red Bull’s Dr Helmut Marko declared unequivocally ahead of the US grand prix: “We are ready.” He was referring to the concept of three-car teams, as he admitted to Germany’s Auto Motor und Sport that it might cost the sport’s big players up to $30 million each.
Time is running short if formula one needs three-car teams to bolster dwindling grid numbers in 2015.
That is the claim of Eric Boullier, boss of the McLaren team, presumably one of the richer outfits that would be called upon by Bernie Ecclestone to pick up the slack should some struggling teams collapse over the winter.
Ferrari has split from the pack and declared its support for three-car teams in formula one.
Amid rumours up to three or four teams are in financial peril, Bernie Ecclestone said in Singapore that the sport would fill the grid gaps by requiring top teams to move from two to three-car operations as soon as 2015.
Force India has played down this week’s alarming news from India about team supremo Vijay Mallya.
Amid the decline of his airline Kingfisher, the former billionaire was declared a ‘wilful defaulter’ by the public sector lender the United Bank of India, meaning he will lose his director positions and be unable to borrow money.