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Vijay Mallya Latest News

Sebastian Vettel, who is currently at the fag-end of a 5-year stint with Ferrari, will leave the Italian team at the end of the year.

Sebastian Vettel Will Race For Aston Martin In 2021 After Sergio Perez Announces His Exit

The Force India team will now be backed by a group of investors that will be led by Lawrence Stroll, father of current Williams F1 driver Lance Stroll.

Force India F1 Team Future Secured, Marks End Of Vijay Mallya Era

Billionaire Lawrence Stroll and father of Formula 1 driver Lance Stroll has reported to have bought the Sahara Force India F1 team. Stroll will be replacing its current owners Vijay Mallya, Subrata Roy and Michael Mol. Both Roy and Mallya have been embroiled in financial illegalities respectively, while the team hasn't been doing well financials, which in turn, has been affecting its performance on the grid. The news comes amidst reports that the team was going into administration, which would mean filing for a controlled bankruptcy.

F1: Sahara Force India Team Finds A New Owner

With cases of money laundering looming over Vijay Mallya, the Sahara Force India co-owner has stepped down from his position as Managing Director of the team. The Indian businessman, however, will continue to remain a shareholder and Team Principal of the Formula 1 team. Meanwhile, Bob Fearnley will remain in his role as the Deputy Principal. Vijay Mallya, however, has been succeeded by his son Siddharth as the new Force India team Director.

F1: Vijay Mallya Resigns As Director Of Force India Team, Son Siddharth To Take The Job

The Federation of Motor Sports Clubs of India (FMSCI) has appointed industrialist and auto enthusiast Gautam Singhania as India's representative in the World Motor Sports Council (WMSC). The post was previously held by former UB Group boss Vijay Mallya.

Gautam Singhania Nominated To Replace Vijay Mallya At FIA's WMSC

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