Business | Updated Aug 28, 2007 at 10:48pm IST

Mallya eyes F1 for India, may buy a team too

CNN-IBN

New Delhi: UB Group Chairman Vijay Mallya may not only get India the F1 but even buy himself a team.

Sources report that Mallya is now in talks to negotiate a deal which may be close to being sealed.

F1 buzz suggests Mallya may not be looking at the Panasonic Toyota team even though Kingfisher is one of the sponsors, as it is apparently the second-most costly team on the circuit and has been under-performing.

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