Vijay Mallya has no plans to leave Force India

If Vijay Mallya is at the heart of financial negotiations, the Indian businessman assures that he will not leave his position as director of Force India.

Published on 29/02/2016 à 15:04

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Vijay Mallya has no plans to leave Force India

Force India's future is still a subject of speculation due to the situation of its chairman Vijay Mallya. The Indian businessman announced that he was stepping down as CEO of United Spirits Ltd, a leading Indian spirits company taken over by Diageo, which reignited rumors of a departure from his team F1.

“Nothing has changed at Force India. I remain the Team Principal and General Manager”, the billionaire told the PTI agency. “It is necessary to release shares for security if you make a loan, but that does not mean that security has changed. Diageo may have guarantees over my shares, but the ownership has not changed. I don't know why everyone makes a big deal out of it. My withdrawal from United Spirits has nothing to do with F1. »

Force India will continue to field Sergio Pérez and Nico Hulkenberg in 2016 after taking fifth place in the Manufacturers' Championship last year.

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