29 May 2024
Axed French GP group facing ’embezzlement’ probe
"The amounts are exorbitant"
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.
Calendrier - circuits F1
Search
Formula 1 news
7 June 2024
Drivers doubt 2026 cars will be much lighter
7 June 2024
Big-name rumours a ’good sign’ for Aston Martin - Alonso
7 June 2024
How much longer will Lance Stroll last?
7 June 2024
Renault definitely not selling Alpine F1 team - CEO
7 June 2024