JULY 4, 2002
GPWC and teams to meet on Friday
THE Grand Prix World Championship BV company is to make a presentation to the Formula 1 teams at Silverstone on Friday. The presentation is believed to center on the planned contractual structure of the new World Championship. This has been prepared for GPWC by the investment bank Goldman Sachs.
The big issue at the moment is whether or nor the GPWC will offer any financial guarantees for the long-term future of the sport - which it needs to do if it wishes to be taken seriously.
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ARROWS APPLY FOR EXTENSION
AWARDS ALL ROUND
CART LOSES ONE OF ITS TOP MEN
ENTER MAC AND LAUREN
GPWC AND TEAMS TO MEET ON FRIDAY
JUDGE SLAMS ARROWS MANAGEMENT
MCLAREN DRIVERS TO USE LIQUID-COOLED SUITS FOR PIT CREW
REUTEMANN IN THE RUNNING
TODT ARRIVES IN THE WILLIAMS HELICOPTER...