AUGUST 17, 2007

Are you winding me up?

BusinessF1 Magazine Ltd, the company which publishes the BusinessF1 magazine, has had a number of expensive legal actions to contend with in recent years and it seems that the burden may have been too much. The High Court in London has received a petition to wind-up the business because payments have not been made to Tony Purnell, former head of the Jaguar F1 team, who took legal action against the magazine and won. The petition will be heard on the High Court on September 5.