Force India's Vijay Mallya arrested by Scotland Yard!

Business mogul and Force India co-owner Vijay Mallya has apparently been arrested by Scotland Yard this morning on an extradition warrant.

Mallya, who fled to Britain in 2006, has been entangled in legal proceedings in India, his home country, with banks seeking to recover funds owed by his Kingfisher Airline.

Despite multiple injunctions, Mallya has failed to appear before investigators handling a probe under India Prevention of Money Laundering Act.

In September last year, Mallya had wanted to come to India but was incapacitated as his passport had been revoked.

Mallya has been declared a willful defaulter back home and India’s request for his extradition was recently certified by the UK.

However, according to lawyer HP Ranina, an arrest does not necessarily mean a stronger case for extradition.

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Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.