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Old 11-15-2011, 12:29 PM   #1
Hmntezmb

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Default Troubles at Force India
Is this old news ??

Mallya owes a lot of money, will Force India be the first on the scrap heap???

'King of the good times' facing $1b debt
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Old 11-15-2011, 04:12 PM   #2
seooptiman

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It's theoretically only a problem for his airline, the team is run as a seperate entity. Plus they've only just got a massive investment from Sahara which should secure the future of the team without or without Vijay at the helm.
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Old 11-15-2011, 09:27 PM   #3
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If Force India's team is somehow affected by the trouble, I think Mallya has already reacted to it by selling a stake in the team.
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Old 11-17-2011, 02:55 AM   #4
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Before reading what the topic was about I thought The Slasher had been let loose again.
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Old 11-20-2011, 08:20 PM   #5
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It's theoretically only a problem for his airline, the team is run as a seperate entity. Plus they've only just got a massive investment from Sahara which should secure the future of the team without or without Vijay at the helm.
Freudian slip?
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Old 11-20-2011, 10:01 PM   #6
seooptiman

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D'oh!
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Old 11-21-2011, 02:00 AM   #7
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It's theoretically only a problem for his airline
Vijay might just be regretting using the team to advertise his airline after he'd promised Emirates he wouldn't. All that Arab money slipped through his fingers thanks to his own greed.

Can't say I'm too surprised to see Vijay in trouble though I doubt it'll affect the team directly now Sahara is involved.
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Old 11-21-2011, 05:26 AM   #8
Hmntezmb

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It's theoretically only a problem for his airline, the team is run as a seperate entity. Plus they've only just got a massive investment from Sahara which should secure the future of the team without or without Vijay at the helm.
Should secure the future ? I would hope so...
Does anyone know what share Sahara has of Force India?
My initial thoughts are that it won't matter if the F1 team is a seperate entity. When the boys come looking for their money they will get from what ever business he is involved in.
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Old 11-21-2011, 11:44 PM   #9
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Does anyone know what share Sahara has of Force India?
I have read it is 42.5%. Incidentally the same as Mallya owns now.
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Old 11-23-2011, 12:43 AM   #10
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I feel a bit guilty going to their $5m Kingfisher party the other week now... You wouldn't have believed they were a team in so much debt..
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