Mallya may exit F1

(GMM) Some in the F1 paddock reacted "with cynicism" to Vijay Mallya's sale of almost half of the Force India team.

Just last week, the Indian billionaire said he was "shocked" to read the media speculation about his negotiations with Sahara's Subrato Roy.

But on Wednesday, the $100 million deal was announced in Delhi.

"Some in the F1 press are (therefore) unimpressed with him, with rumors persisting that this is merely the first phase in a gradual exit," wrote Daily Telegraph correspondent Tom Cary in a blog from Korea.