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Published 13 days ago

Axed French GP Group Facing 'Embezzlement' Probe

Summary by f1chronicle.com

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…

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f1chronicle.com

Axed French GP Group Facing 'Embezzlement' Probe

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…

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