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28 Feb 2011, 14:47 (Ref:2837969)
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#1 | ||
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Veteran
Join Date: May 2006
Posts: 5,100
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SFO to look in to A1GP
http://www.telegraph.co.uk/finance/n...d-inquiry.html [Apologies for source]
Hmm ... I wonder what they're going to find ... |
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__________________
Marbot : "Ironically, the main difference between a Red Bull and a Virgin is that Red Bull can make parts of its car smaller and floppier." 
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28 Feb 2011, 15:18 (Ref:2837981)
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#2 | ||
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Ten-Tenths Hall of Fame
Veteran
Join Date: Dec 2003
Posts: 8,408
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Nothing good.
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28 Feb 2011, 16:56 (Ref:2838023)
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#3 | |
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Veteran
Join Date: Dec 2003
Posts: 6,885
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Probably what it was, was a money laundering/tax avoidance-evasion scheme to wash money either legally or illegally. Because otherwise what did they spend the money on?
I liked A1, I thought the racing was good, the national concept was different. Too bad it had to fold. |
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__________________
Wolverines!
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7 Mar 2011, 08:18 (Ref:2841325)
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#4 | ||
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Veteran
Join Date: Jan 2008
Posts: 593
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Well, they didn't spend it on things they should have spent it on, that's for sure. While they did hold lavish parties every raceweekend, they forgot to pay their main transport partner, for instance, or some of their suppliers. How that ended up at being more than 400 million pounds is beyond me though.
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