Force India and Mallya's financial troubles...

"Although Force India has done well this year on the race tracks, there are still very serious worries about the team’s future funding because of difficulties that its two owners – Vijay Mallya and Roy Subrata Sahara – have run into.

Mallya’s deeply-indebted Kingfisher Airlines – which owes an estimated $1.4 billion – is now facing ever-deeper trouble. This morning a number of Kingfisher pilots in Mumbai decided to join the strike called by the company’s engineers, who are complaining that their salaries have not been paid in seven months. "

Paul and Hulk might need a new job in 2014. Can this team even think about paying for new motors???

http://joesaward.wordpress.com/2012/10/01/the-pressure-mounts-in-india/

 

Good chance neither of them will be at Farce India next year anyway: The Incredible Hulk is likely to end up at Sauber or Ferrari.

And I'm not worried about DiResta. He is good enough to land a better gig somewhere else any day.

 

Too bad because this team really seems like it's on the rise. They've done (since '08) what Caterham and the other wanna-bes dream of doing.

 

But they (FI) didn't have the disadvantage of starting from sratch.

 

Came across this earlier today, http://www.businessweek.com/articles/2012-10-04/vijay-mallyas-playthings-are-in-peril.

Image Unavailable, Please Login

 

Nice find. He is not looking well and Im surprised more about the team and its finances are not discussed. For now maybe the team is ok.

 

+1

 

Agreed.
Seems like we've seen this sort of thing before in F1.