Airline crisis won't affect Sahara Force India: Mallya
Force India co-owner Vijay Mallya is adamant he is as passionate as ever about his Formula One team and insists the funds are in place for their long-term survival.
Speculation had arisen Force India were struggling to make ends meet, in particular with Mallya’s Kingfisher Airlines in debt to the tune of £830 million. It was expected, in order to assist his ailing airline, Mallya would potentially pull the plug on his interests in Force India.
Dismissing the gossip, Mallya said: “Now what you read, and what you gather from what you read, is something I don’t care to comment on. But I have sporting interests, and I’m passionately involved in all of them. “Sahara Force India is independent, fully funded and is a joint venture between the Sahara Group and myself.
“There was a significant capital infusion at the end of last year, there will be another from the Sahara Group next year. With regard to my other sporting interests, I was at every IPL cricket game, as every passionate Indian would be. My team (Royal Challengers Bangalore) performed well, although it was a little disappointing at the end. “We had been semi-finalists for four years running, but we were fifth this year.”