News Details

Axed French GP group facing 'embezzlement' probe

Apr.26 The 2022 demise of the French GP at Paul Ricard has now become a full-scale disaster, with local prosecutors opening an investigation into 'embezzlement of public funds'. Le Monde newspaper also said the former legal structure of the organisation in charge of the Formula 1 race – public interest group GPF-le Castellet – is already in compulsory liquidation, with debts tallying EUR 32 million. 'The amounts are exorbitant,' politician Christelle D'Intorni told the newspaper, referring to a multitude of questionable expenses with unknown recipients. 'What is shocking is that the travel costs go up and up, and we find luxury expenses for colossal sums,' she added.
Full Story »
Share

You May Also Be Interested In...

Wolff looking forward to post-Hamilton ‘refresh'

Apr.22 Just like Ferrari and also McLaren, Mercedes is planning a key...
1y ago from OneStopStrategy.com

F1 Commission elects to postpone decision on extending...

The Formula 1 Commission has elected to postpone its verdict on extending...
1y ago from MotorsportWeek.com

Former F1 Driver Johnny Herbert Receives Death Threats...

Johnny Herbert, a former Formula 1 driver and sports pundit, has recently...
1y ago from Formula1News.co.uk

Lewis Hamilton Apologizes After Colorful Language

Sky Sports recently apologized after Lewis Hamilton used explicit...
1y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Palou returns to the top with Iowa Speedway victory

The second IndyCar race in as many days took place at Iowa Speedway on...

IndyCar Iowa – Race 2 Results

The second race of IndyCar’s double-header took place on Sunday...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal take step closer to signing £68m Premier...

Arsenal are making moves in the summer transfer window, and with deals for...
8h ago from CaughtOffside.com

Arsenal close to completing long-awaited transfer...

Arsenal have long desired the signing of a prolific striker, and in the...
10h ago from CaughtOffside.com

Arsenal agree 63.5m Viktor Gyökeres deal with...

t;li>Total cost of deal likely to be close to 80mMadueke close to...
7h ago from TheGuardian.com

Fabrizio Romano: Arsenal set to sign 70m striker + a...

Arsenal are closing in on a blockbuster double swoop, with transfer guru...
9h ago from FreshArsenal.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.