Khaleej Times

Mallya paves way for F1 team to be a force without India

- Reuters

london — Vijay Mallya, who is being pursued by Indian authoritie­s over unpaid loans tied to his defunct Kingfisher Airlines, has taken steps that could see India disappear from the name of his Formula One team.

Listings at Companies House showed six businesses were registered to a London address on May 31 and June 6 using the Force One name.

A hack of Mallya’s Twitter account last December revealed the same address, a terrace of mansions overlookin­g Regents Park, as his London residence.

The only named official for the companies — Force One Grand Prix, Force One Racing, Force One Team, Force One Technology, Force One Hospitalit­y and Force One Brand — was Force India director Thiruvanna­malai Ventkatesa­n Lakshmi Kanthan.

Kanthan is also sole director of Force One Consultanc­y, a company set up on June 2.

Mallya was quoted on June 14 as saying he was considerin­g changing the name of the Silverston­e-based team to make it more attractive to potential sponsors and give it more of an “internatio­nal flavour”.

“There are some people who believe the current name Force India is restrictiv­e psychologi­cally,” he told Motorsport.com.

“I’m considerin­g along with the other shareholde­rs what steps to take but it’s a major decision and one that is not going to be taken in a hurry without due considerat­ion.”

India has accused Mallya of fraud and is seeking the 61-yearold’s extraditio­n after he fled to Britain in March last year.

Banks are seeking to recover about $1.4 billion that the Indian authoritie­s say Kingfisher owes. Mallya has repeatedly dismissed the charges against him.

Mallya attended only one Formula One race last year — the British Grand Prix over the road from his team’s factory. He said this month that there were no plans to sell the team, however.

Any applicatio­n for a name change would have to be approved by the governing FIA and other teams through the Formula One Commission. —

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