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Vijay Mallya's new yacht

Like father, like son. Vijay and Siddarth Mallya break open the bubbly on the purchase of their new yacht, Force India.

india Updated: May 05, 2010 14:16 IST
Minakshi Saini

The King of Good Times has done it again. Liquor baron and IPL Bangalore team owner Vijay Mallya has acquired another new yacht, costing between Rs 150 and 200 crore.

On Monday, Mallya posted a picture of the yacht on Twitter and wrote, “My new Yacht...165 feet, fast and sexy...christened Force India!!”

Our source, a yachting expert, said the yacht has accommodation for 8-10 people with double-bedded rooms, a jacuzzi, a small pool and possible arrangements for water scooters and skiing. He, however, was quick to add, “It looks like a second hand buy which is 2-3 years old. An updated version of the same model is available.”

While daddy cool pampers himself with mean machines, son Siddharth, too, has started a new innings.

On Sunday, Mallya Junior took over the reins of Royal Challengers Bangalore. This comes soon after his appointment as the Deputy General Manager of United Spirits.

‘Good friend’ Deepika Padukone was the first one to congratulate Siddharth. “Say hello to the new RCB boss, aka the ‘Prince of Good Times’,” posted the actress on Siddharth’s Twitter account.

The 23-year-old was excited with his new designation. He tweeted, “Moved into my new office, awesome! Feel like Obama! Though the last term I spent in an oval office was quite different to his… ;)”