Sahara Force India 2012

[GrizzleBoy]

Good times.....

[czt]

Good times.....

The King of Good Times no less

[turbof1]

That's painful for the team. Mallya did after all helped the original midland to escape doom, but now they are facing all this negative publicity due to him.

[CHT]

That's painful for the team. Mallya did after all helped the original midland to escape doom, but now they are facing all this negative publicity due to him.

convicting a billionaire for $2m cheque default??
i think this is just another Indian politics at play.
A good political publicity stun, timed perfectly.

2 weeks before Indian GP.

[turbof1]

That's painful for the team. Mallya did after all helped the original midland to escape doom, but now they are facing all this negative publicity due to him.

convicting a billionaire for $2m cheque default??
i think this is just another Indian politics at play.
A good political publicity stun, timed perfectly.

2 weeks before Indian GP.

It's not only 2 million. He has the warrant for that particular case, but king fisher has multiple debts. A few billion dollars in total. This is just a tip of the iceberg.

[FW17]

Mr. Mallya did not immediately face the threat of arrest as he could get the NBW recalled by appearing in the court before November 5 when the case is posted for next hearing or move the High Court for a temporary stay, sources said.

[Trailer23]

convicting a billionaire for $2m cheque default??
i think this is just another Indian politics at play.
A good political publicity stun, timed perfectly.

2 weeks before Indian GP.

My good man, this has got nothing to do with politics. This has been going on for over a year now. In fact, I had doubts if Force India was going to even make the grid earlier this year.

Here, you can read all about Kingfisher Airlines financial crisis.

Here is something about Force India's troubles earlier this year:
Force India faces huge bill in failed legal case

It amazes me how this guy sleeps at night knowing there are thousands of people back home waiting to get their dues and he's going off trying to be the Indian version of Richard Branson.

[yener]

Arrest warrant issued for Vijay Mallya

S**t got real.

Something tells me he wont be at the Indian GP due his health condition

[mx_tifoso]

Something tells me he wont be at the Indian GP due his health condition

Kind of like how Ecclestone wasn't at the German GP...

Their amount of money doesn't come without its "perks".

[CHT]

As I was saying...

AUTOSPORT: Arrest warrant against Vijay Mallya dropped

[astracrazy]

i heard the Force India drivers haven't been paid lately either, im sure it was on sky f1

[mangesh]

dont worry guys, i am from india and i know how hw runs his business... always pay as late as possible and court cases.

Also he run wine business doing very well. Wil definitly see FI next year again

[Trailer23]

dont worry guys, i am from india and i know how hw runs his business... always pay as late as possible and court cases.

Also he run wine business doing very well. Wil definitly see FI next year again

I'm not certain about either statements you just made.
a. None of his business are doing well. The DGCA (Civil Aviation Authority of India) just suspended King Fisher Airlines. I doubt they're gonna be seen in the air anytime in the near future.

b. Force India will probably become SaharaF1.

If he had an Ace of Spades stashed away somewhere, i'm certain he would've played it out by now.

[astracrazy]

a good article here http://thejudge13.com/2012/10/14/force- ... -collapse/

i wouldn't be so sure on it being owned by Sahara. The owner of Sahara is one of Mallya's friends. Hence the purchase in the team.

Sahara are a conglomerate owned by a rags to riches friend of Mallya. They have over the past years raised vast amounts cash by taking on debt to fund their meteoric expansion. They have been ordered to lodge $4.6bn with the Indian Supreme Court within 28 days to repay 20 million small investors they have defrauded.

Businesses that raise money this way usually do so because they are extremely cash short and can’t access funds from traditional sources. Whether Sahara then can find this cash in such a short timescale is highly dubious and it is most unlikely they will be writing any more cheques to Force India in 2013.

the more you read into it, the more trouble force india good soon be in

[onewingedangel]

Have there been any updates/rumours in regards to Force India's technical partnership with McLaren which according to Joe Saward has yet to be renewed?