Formula One News — February 2000

FEBRUARY 7, 2000

Barnard's new factory

ALAIN PROST is funding the construction of a new technical facility for John Barnard's B3 Technologies.

...and eyes up Fiat bid

THE ducking and weaving of the major car manufacturers as they try to buy up the medium-sized car companies of the world seems to be coming to a head with strong suggestions that DaimlerChrysler is going to buy a 70% shareholding in Fiat Auto, the car-making division of the huge Italian industrial combine.

DaimlerChrysler completes McLaren purchase

DAIMLERCHRYSLER has concluded its purchase of 40% of the TAG McLaren Group, the parent company of the McLaren International Formula 1 team.