Vijay Mallya has defended his continuing spending on his F1 team, while his airline Kingfisher struggles for mere survival.
“I don’t quite understand the correlation between sporting interests, which are personal in nature, and my business interests,” the Force India boss told reporters in Monaco while on an increasingly rare visit to the F1 paddock.
The Indian businessman denied that his airline’s problems means Force India is also in danger of succumbing to financial pressure.
“Sahara Force India is extremely well taken care of and set,” Mallya insisted.
Still, rumours persist that employees of the Silverstone based team are sometimes waiting weeks to be paid. Nonetheless, Mallya pressed ahead late on Thursday with his traditional and lavish pre-Monaco grand prix party on his luxury yacht.
Asked how he can justify that, he answered: “Justify what, and to whom? If one business, for whatever reason, is not doing well, it doesn’t mean that every other business has to shut down.”
Source:GMM
