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.
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