News Details
Mallya suffers legal setback in F1 sponsorship case
India's Supreme Court has rejected an appeal by Vijay Mallya to overturn charges against him for allegedly violating foreign exchange rules, adding to the legal challenges facing one of the country's most prominent businessmen. The country's enforcement directorate, responsible for fighting financial crime, has alleged Mallya entered into an unauthorised agreement in 1995 to advertise the Kingfisher beer brand name on racing cars during Formula One championships between 1996 and 1998. Mallya is chairman of United Breweries which makes Kingfisher beer and is now around 40 percent owned by Dutch brewer Heineken. The directorate has said he did the advertising deal without seeking permission...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Lotus chief claims financial solution has been found
The Lotus racing chief Matthew Carter said he is confident that the...
10y ago from GrandPrix247.com
Lotus faces administration if deal can't be struck
The Lotus F1 Team is facing administration if it fails to reach an...
10y ago from GrandPrixTimes.com
Lotus F1 dodges ‘winding up petition’ in court
Reports of financial strife at Lotus have resurfaced this week. Amid...
10y ago from ThisIsF1.com
Lotus dodges winding up petition in court
Reports of financial strife at Lotus have resurfaced this week. Amid...
10y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: Aprilia signed me to win the title,...
No description available...
2h ago from Motorsport.com
VR46 an option for Pedro Acosta, but priority is a...
No description available...
1d ago from Motorsport.com
Can Aprilia dethrone Ducati in the 2026 MotoGP title...
The conclusion of the 2025 MotoGP season saw an unprecedented level of...
1d ago from MotorsportWeek.c...
Aprilia reveals 2026 MotoGP bike for Marco Bezzecchi...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
22h ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
23h ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
1d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 13: Nasser Al-Attiyah wins to extend...
No description available...
5h ago from Motorsport.com
Dakar 2026, Stage 11: Mattias Ekstrom leads Ford...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Here we go: Arsenal & Liverpool transfer target...
Manchester City reportedly look to be closing in on the £20m transfer of...
3h ago from CaughtOffside.com
“That’s what he has to try” - Mikel Arteta sends...
Arsenal boss Mikel Arteta has told Viktor Gyökeres to be ‘really good...
4h ago from SportsKeeda.com
Just In: Man City make progress to sign Arsenal and...
Manchester City have taken a major step forward in their pursuit of...
4h ago from CaughtOffside.com
Chelsea rival Arsenal & Man Utd for 30m wonderkid...
Chelsea are ready to rival the likes of Arsenal and Manchester United for...
5h ago from CaughtOffside.com
Comments
Hottest News
Red Bull 'on the limit' of F1 rules after Mercedes 'trick...
Red Bull's power unit boss Ben Hodgkinson has... Read More »
5h ago from RacingNews365.com
Audi and Cadillac backed to cause major F1 ‘surprise'...
1996 World Champion Damon Hill has backed F1... Read More »
1h ago from MotorsportWeek.com
The first F1 2026 secrets revealed as Red Bull launch RB22...
RacingNews365's technical expert Paolo Filisetti... Read More »
8h ago from RacingNews365.com
