A business partner of Russian fertilizer billionaire Dmitriy Mazbin, who lost in the bid to Force India, told the Supreme Court that he understood from beer mogul Vijay Malia that the billionaire president of Aston Martin had offered or agreed to a payment to secure it. Capture his team in Formula 1.
Lawrence Stroll, who acquired the team in 2018 for £ 90m, renamed Racing Point and put his son Lance in one of the drivers’ seats, on Saturday night, dismissing allegations he said “these allegations are untrue.”
It was submitted under oath by a business partner of Russian fertilizer billionaire Dmitry Mazpin, who lost in the bid to Force India.
He is suing the team managers, two notable FRP Advisory figures, including Geoff Rowley, CEO, for allegations of negligence and breach of trust in the sale process. The son of Mr. Mazpin is also a racing driver.
Dr Malia, head of the brewery behind Kingfisher lager, is fighting extradition of criminals from the UK to India on fraud charges, which he denies. In 2018 as his legal woes escalated, Force India ran into financial trouble and summoned insolvency specialists from FRP.
In a written statement, Paul Ostling, chief independent director of the fertilizer company Uralkali Mazepin, alleged that Dr. Malia told him that Mr. Stroll had agreed to provide him with a “honorable exit” as part of his offer.
Mr. Ostling told the Supreme Court of a “disturbing” Saturday night phone call from Dr. Malia in August 2018 in which he said he had reached an agreement with Mr. Stroll at a “much higher” price than Uralkali had offered.
“I understood him, because of the weird and elusive way in which he was speaking, that he was inferring that Mr. Lawrence Stroll had offered him or agreed to give him some kind of push … he was describing it colloquially,” as an honorable director. “