Force India insulated from Vijay Mallya's financial problems, says team

Earlier this month, Force India unveiled their new car for the forthcoming Formula One season but they are still to confirm the identity of British driver Paul di Resta's teammate. However, the team confirmed on Thursday that a seat fitting for former driver Adrian Sutil took place this week.

updated: February 14, 2013 22:59 IST
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London: Force India insisted on Thursday that its Grand Prix team would be able to carry on despite co-owner Vijay Mallya's financial problems.

Shares in Indian businessman Mallya's debt-laden Kingfisher Airlines plunged on Wednesday after banks said they would start recalling loans worth $1.5 billion.

The liquor baron is, though, expected to recoup funds from the $2 billion sale of a majority stake in India's United Spirits but the deal must still clear regulatory hurdles.

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