Vijay Mallya

BRIDETOWN, Barbados: Following the exit of fugitive Indian businessman Vijay Mallya, the Barbados Tridents have a new ownership team in place who have taken over the running of the franchise with immediate effect.

The USA-based CMG Companies (CMG) leads a team of local and international investors in the acquisition of the cricket franchise in Barbados.

May 02, 2019 13:05
MUMBAI: Fugitive Indian businessman Vijay Mallya will not have ownership of Barbados Tridents for the upcoming Caribbean Premier League season, CPL's organisers told local media Wednesday.
Sep 14, 2018 16:09
NEW DELHI: Ruling Bharatiya Janata Party (BJP) leader Subramanian Swamy on Thursday made a sensational claim that absconding billionaire Vijay Mallya had been offered a unspecified deal before he fled the country which entailed his handing over IPL franchise Royal Challengers Bangalore (which he then owned) for a princely sum of Re 1. 
Jul 30, 2018 16:07
LONDON: Three days after Sahara Force India was put in administration by London's High Court on Friday evening, a decision triggered by the Silverstone-based Formula 1 team's Mexican driver Sergio Perez, supported by engine supplier Mercedes and team sponsor BWT, attention is firmly focused on who would be the likely new owners.
Jul 25, 2018 13:07
MUMBAI: Formula 1’s Sahara Force India team is set to undergo a change in ownership as top Canadian investor Lawrence Stroll is said to have successfully negotiated a deal with the team’s embattled co-owners, Vijay Mallya and Subrata Roy. The exact nature of the deal is yet to be officially announced, according to a NDTV report. 
Jul 09, 2018 16:07
SILVERSTONE, ENGLAND: Sahara Force India co-owner and team principal Vijay Mallya has quashed recent media speculation that the Silverstone-based Formula One team was in advanced sale negotiations though he admitted being open to serious offers "backed by cash".
Jun 21, 2018 14:06
MUMBAI: Sahara Force India is not up for sale, a source "close" to Vijay Mallya, co-owner and team principal of the Silverstone-based Formula 1 team, has asserted. "Nothing is happening - no sale or anything of Force India. F1 is notorious for people wanting to buy teams. I would take it with a pinch of salt," the Mallya 'aide' told Business Standard.
Jun 15, 2018 17:06
MUMBAI: The reason fugitive business tycoon Vijay Mallya resigned as director of the Sahara Force India two weeks ago was NOT about handing over the reins to his son Siddharth, as the Formula One team co-owner had implied at the time. 
Jun 01, 2018 15:06
LONDON: Fugitive Indian businessman Vijay Mallya announced his resignation on Thursday as the director of Sahara Force India, but will continue to serve in the capacity of a shareholder and the team principal of the Formula 1 team.  Mallya is facing legal issues in the United Kingdom, which is reportedly one of the reasons behind the decision. 
Feb 27, 2018 16:02
LONDON: Sahara Force India on Monday announced a partnership with Mexican state-owned petroleum giant Pemex, even as it unveiled its new car for the 2018 Formula One season that goes by the name VJM11.  Vijay Mallya, team principal and managing director of Sahara Force India, said: "The involvement of Pemex in Formula One is hugely significant.
Feb 23, 2018 13:02
LONDON: Sahara Force India has clarified that its Formula 1 team co-owned by fugitive Indian businessman Vijay Mallya, has no offer from any potential investors, referring to recent reports that British energy drink brand Rich Energy was fronting a consortium looking to purchase the team.