Force India's finances for 2013 have been bolstered following a cash injection of £50 million ($80m) for 2013, giving them an increased budget for the season.... read more »

It is well documented that Vijay Mallya is in dire financial trouble at the moment, with reported debts of $2.5 billion at his Kingfisher Airline alone. An arrest warrant was... read more »

Mexican billionaire and Sauber sponsor Carlos Slim has all but announced Esteban Gutierrez as the team's second driver for next season.... read more »

Vijay Mallya was not in a good mood when he was swamped by Indian media at his home grand prix. The Indian billionaire had been branded an "absconder" by some of his... read more »

No longer facing arrest over bounced cheques, Force India chief Vijay Mallya could still endure a trying race weekend in his native India. The Hindustan Times newspaper reports... read more »

The arrest warrant against Force India boss Vijay Mallya has been withdrawn. With the sport now set to travel to the billionaire's native country for the Indian grand... read more »

The arrest warrant issued against Force India boss Vijay Mallya last week has been withdrawn after the Indian billionaire's airline paid its outstanding bill. read more »

Force India's billionaire team owner Vijay Mallya has had an arrest warrant issued against him by the southern Indian city of Hyderabad, according to reports in the Indian... read more »

Telmex will continue to sponsor Sauber, despite the Swiss team losing Mexican Sergio Perez to McLaren. Perez made his debut with the Hinwil based team last year with Mexican... read more »

Force India owner and team principal Vijay Mallya believes fifth in the constructors' championship is now an unrealistic target for the Silverstone based team. Mallya had... read more »

A 41-year-old man in Britain faces jail after pleading guilty to trying to blackmail formula one boss Bernie Ecclestone. The Telegraph reported that the man, who works as a... read more »

Vijay Mallya, co-owner of the Sahara Force India outfit, believes the introduction of stricter budget controls, knows as the resource restriction agreement (RRA), will ensure... read more »

Billionaire Red McCombs insists that he is committed to the long-term success of the Austin USGP project, despite ongoing wrangles over his shares. read more »

Lotus is the “biggest surprise” of the 2012 season so far, Red Bull’s team owner Dietrich Mateschitz has admitted. In an interview with... read more »

Saudi Arabian billionaire businessman Prince Alwaleed bin Talal, one of New Corp's biggest investors, admits interest in F1 investment. even though he is no fan of the sport. read more »

The Sauber F1 team has confirmed a new sponsor in the form of Premier League Football Club, Chelsea FC. The football team, owned by billionaire Roman Abramovich, has entered... read more »

Texan billionaire Red McCombs has less than a week to decide whether he wants to sell his 20% stake in the holding company of the Circuit of the Americas (COTA) track in Austin. read more »

Mar.18 (GMM) Nico Hulkenberg has played down the link between Vijay Mallya's struggling Indian airline Kingfisher and the billionaire's formula one team Force... read more »

Co-owner Indian billionaire Vijay Mallya may be in the press a lot right now over woes with his Kingfisher airline but, in contrast, Force India has the wind beneath its wings. read more »

Dietrich Mateschitz has left open the door to Mark Webber receiving a new contract to keep racing with Red Bull beyond 2012. The Australian is the only significant member of... read more »

Feb.2 (GMM) F1 team owner Dietrich Mateschitz has donated a staggering EUR 70 million to a medical research university in his native Austria. The local 'Salzburg... read more »

Jan.30 (GMM) Force India's new investor Subrata Roy wants the Silverstone based team to be like Red Bull. That is the claim of fellow Indian billionaire Dr Vijay Mallya,... read more »

Oct.30 (GMM) Vijay Mallya has flagged Abu Dhabi in two weeks as the accelerated deadline for the announcement of Force India's 2012 driver lineup. The billionaire had... read more »

Oct.13 (GMM) Some in the F1 paddock reacted "with cynicism" to Vijay Mallya's sale of almost half of the Force India team. Just last week, the Indian... read more »

Oct.12 (GMM) Despite boss Vijay Mallya's recent denials, the part-sale of Silverstone based Force India was confirmed late on Wednesday. The team will be renamed Sahara... read more »