Force India Formula 1 team owner Vijay Mallya has been re-arrested and bailed in London, England following a fresh money laundering charge from Indian authorities.
Mallya, who has owned the Force India team since 2008, was first arrested and bailed back in April after calls for extradition to India relating to financial irregularities surrounding Kingfisher Airlines, which closed down four years ago.
Mallya was arrested for a second time on Tuesday in London following the new charge which, according to the crown prosecution service, “is essentially showing where the money went to. For example, it is alleged that some of the funds ended up with the Force India racing team”.
Speaking outside the court after being bailed, Mallya is quoted by The Guardian as saying: “I deny all allegations that have been made and I will continue to deny them. I have not eluded any court.
“If it is my lawful duty to be here, I’m happy to be here.”
Mallya has remained in the UK since the calls for extradition, attending only the British Grand Prix, with Force India’s management at races being shared between deputy team boss Bob Fernley, commercial chief Otmar Szafnauer and technical head Andrew Green.
The NTT IndyCar Series will be sharing Indianapolis Motor Speedway with the NASCAR Cup Series in a race weekend doubleheader for the second consecutive season, but both series will be on the road course in August 2021.
IMS announced Wednesday that IndyCar will hold an Aug. 14, 2021 race on its 14-turn, 2.439-mile road course. It’ll be a day before NASCAR’s premier series runs the same layout for the first time after the Brickyard 400 was contested on the 2.5-mile oval for the first time in 27 years.
This season’s rescheduling of the IndyCar GMR Grand Prix to July 4, 2019 (a day before the Brickyard 400) led to the first NASCAR-IndyCar doubleheader weekend. The Xfinity Series also raced on the IMS road course for the first time July 4 after the IndyCar race ended.
INDYCAR AT IMS THIS WEEKEND: Harvest GP schedule, entry lists
IndyCar will be holding its second race weekend this year at the IMS road course Friday and Saturday with the Harvest GP.
“Our first NASCAR-INDYCAR weekend was a big success last July, with positive feedback from
our loyal fans who watched the races on NBC and from the drivers, teams and participants
involved,” IMS president Douglas Boles said in a statement. “The Xfinity Series’ debut on the IMS road course provided exactly the kind of thrilling action from the green to checkered flags that we anticipated, so we know the teams and drivers of the Cup Series will put on a great show as they turn left and right for the first time at IMS.
“We can’t wait to welcome back fans to see NASCAR and INDYCAR together during this
exciting weekend as we add another memorable chapter in the long, storied history of the
Indianapolis Motor Speedway.”
It also will mark the first NASCAR Cup-IndyCar doubleheader with a crowd as fans weren’t permitted at IMS in July because of the novel coronvavirus (COVID-19) pandemic.
Over the course of Wednesday, NASCAR is releasing its 36-race slate for next season. IndyCar has yet to release its full 2021 schedule.