Vijay Mallya to sponsor Indian Derby

About three weeks ago, the Royal Western India Turf Club (RWITC) was jubilant in getting Vijay Mallya to loosen his purse strings and give Rs 10 crore as sponsorship for the Indian Derby over a period of two years. The contribution would have come from United Breweries, with the derby rechristened as Kingfisher Ultra Indian Derby.

However, ETPanache has found out that the deal is yet to be cemented, with the terms still under discussion. Mallya recently also made news for having pulled out all stops, bringing in his 60th birthday with a grand party on December 18. Well, looks like the king of good times is taking steps to return to a king-size life.