Former Formula One team owner Vijay Mallya to be extradited over fraud charges
Back then, and we are rewinding a little over a decade back in time, one of the founders of the team was a certain Vijay Mallya.
The former team principal of a racing outfit, that has over the course of the past few seasons become the perennial home to Mexican driver Sergio Perez, is now being extradited over fraud charges.
The team, originally formed in 2007, was birthed out of a consortium led by the maligned businessman, who along with Dutch businessman Michiel Mol had bought what was formerly Spyker F1 team for a whopping €90 million.
Formerly, Mallya had also served as the team's owner apart from functioning in the capacity of its team principal.
Hence, it isn't too hard to understand how his association with one of the world's most expensive sports has been profound and well-noted especially in India, the country where he previously resided and will soon be questioned over fraudulent activities.
That said, there's hardly a doubt that Mallya's reputation is currently in tatters.
As on date, the former team principal of Racing Point Force India, currently based in the United Kingdom, is soon going to be handed over to the Indian authorities after the approval from the United Kingdom's Home Office.
It is worthwhile to note that as of 2018, the Formula 1 team whose current driver line-up includes Sergio Perez and Lance Stroll, the latter's father, noted Canadian businessman Lawrence Stroll playing a key role in the new formation of a side that is now called Racing Point F1.
That told, noted Motorsports platform 'Autosport.com' shared the following in regards to the current development pertaining to Vijay Mallya:
Following the takeover of the outfit by a consortium led by Lawrence Stroll, it retained its Force India moniker for its team and chassis.Published 05 Feb 2019, 17:00 IST