LONDON (AP) Indian tycoon Vijay Mallya is refuting the Indian government’s charge that he obtained hundreds of millions of dollars in bank loans that he knew he wouldn’t be able to repay.
Lawyer Clare Montgomery said Tuesday there is no evidence to support the government’s claim that Mallya misused loans he obtained to support ailing Kingfisher Airlines in 2009. Prosecutors say he used the money to support his Formula One racing team and other endeavors.
She told Westminster Magistrates Court the government’s claim is “nonsense” and said the prosecution had been subjected to improper political interference.
The 61-year-old Mallya is fighting extradition to India on money laundering charges related to the failure of his airline and other businesses. He denies wrongdoing.
Though the NTT IndyCar Series hasn’t confirmed the date of its 2020 season finale, it has determined that double points won’t be in play.
An IndyCar official confirmed Monday to NBCSports.com that whether the season ends at Weather Tech Raceway Laguna Seca in Monterey, California, or on the streets of St. Petersburg, neither race will feature double points. Team owners were informed of the change during a conference call last week.
The news was first reported by RACER.com.
With the original 17-race schedule having been shortened by the cancellation of at least three races (Circuit of The Americas, Barber Motorsports Park, the Long Beach Grand Prix), using double points in the finale would have carried even greater weight (and perhaps more so if more races are unable to be run because of the novel coronavirus (COVID-19) pandemic.
IndyCar has been using double points at select races since the 2015 season. The 104th Indianapolis 500 will remain a double-points event.
In rescheduling the Indy 500 to Aug. 23 last week, IndyCar unveiled a revised schedule that listed Firestone Grand Prix of St. Petersburg as TBD for its season finale. The race originally had been scheduled to open the season before being called off because of the COVID-19 outbreak.
IndyCar CEO Mark Miles told reporters last week that St. Pete probably would be slotted into the first two weeks October after the Sept. 20 race at Laguna Seca that had been slated to be the season finale for the second consecutive year.