Force India co-owner Vijay Mallya has been arrested in London, according to the Metropolitan Police.

A brief statement issued by the Metropolitan Police this morning read:

"Officers from the Metropolitan Police's Extradition Unit have this morning, Tuesday 18 April arrested a man on an extradition warrant.

Vijay Mallya, 61 (18/12/1955), was arrested on behalf of the Indian authorities in relation to accusations of fraud.

He was arrested after attending a central London police station, and will appear at Westminster Magistrates' Court later today, 18 April."

Authorities in India have been seeking Mallya's extradition for some time, the billionaire facing numerous charges of financial irregularity at, the now defunct, Kingfisher Airline.

While he denies any wrongdoing, Mallya is claimed to owe banks around £600m ($1bn).

Due to his situation, Mallya has made few appearances in the F1 paddock in recent years, usually only attending the British and Monaco events.

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READERS COMMENTS

1. Posted by F One, 18/04/2017 21:18

"I'm sure I recall an article from some time ago talking his dodgy business dealings and bemoaning that F1 attracts these kind of people."

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2. Posted by Editor, 18/04/2017 20:43

"@ F One

Don't think so, we've never said anything of the kind."

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3. Posted by F One, 18/04/2017 20:34

"Well you did always say he was a crook pitpass. :)"

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4. Posted by edllorca, 18/04/2017 14:31

"Will another team go up for sale?"

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Vijay Mallya arrested

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