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 Post subject: Vijay Mallya news
PostPosted: Mon Dec 10, 2018 3:23 pm 
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Joined: Thu Nov 28, 2013 11:29 am
Posts: 746
I suppose it's not really F1 related anymore but never mind.

https://www.bbc.co.uk/news/business-46506824


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 Post subject: Re: Vijay Mallya news
PostPosted: Wed Dec 12, 2018 12:34 pm 
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Thank you for sharing, I still find it F1 related.

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 Post subject: Re: Vijay Mallya news
PostPosted: Wed Jan 02, 2019 7:01 pm 
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So according to the article, it was his Airline business that finally sunk him, and not his F1 racing team! Well that is ironic.


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 Post subject: Re: Vijay Mallya news
PostPosted: Thu Jan 03, 2019 9:52 am 
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Longnose wrote:
So according to the article, it was his Airline business that finally sunk him, and not his F1 racing team! Well that is ironic.


Wasn't it Richard Branson who said "If you want to become a millionaire, start out as a billionaire & buy an airline"?

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 Post subject: Re: Vijay Mallya news
PostPosted: Thu Jan 03, 2019 10:07 am 
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Jezza13 wrote:
Longnose wrote:
So according to the article, it was his Airline business that finally sunk him, and not his F1 racing team! Well that is ironic.


Wasn't it Richard Branson who said "If you want to become a millionaire, start out as a billionaire & buy an airline"?


Yeah, I would imagine an airline is a bit of a tough cookie to run... Kingfisher airlines has circa 5,600 employees, not ~300 that FI has. It's a different level.


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 Post subject: Re: Vijay Mallya news
PostPosted: Mon Feb 04, 2019 6:07 pm 
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Joined: Thu Nov 28, 2013 11:29 am
Posts: 746
An update:

https://www.bbc.co.uk/news/business-47121447


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 Post subject: Re: Vijay Mallya news
PostPosted: Tue Feb 05, 2019 10:54 am 
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owenmahamilton wrote:


Yes, I read this yesterday. Interesting turn out, let's see what happens. He apparently made an offer to settle the debts, so what happened to that?


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