British American Racing postpones board meeting

BRITISH AMERICAN RACING revealed on Monday that a board meeting planned for Wednesday had been postponed a week.

BAR spokesperson Graham Jones said that the Brackley-based team had delayed the meeting a week and dismissed reports that the team had called an emergency conference to shed light on the future running of the company.

"The meeting scheduled for next week has been postponed," said Jones. "It is neither an EGM or an AGM. It is simply a bog-standard meeting held quarterly. There is nothing sinister in it as some people have been suggesting."

BAR's major shareholders British American Tobacco and managing directors Craig Pollock and Adrian Reynard will be present when the meeting takes place next week.

Reynard and other BAR senior personnel were rumored to be ready to buy Pollock's share in the team, but Jones added that the meeting will not involve any talk of management changes.

"There will be nothing released other than to the shareholders," he added. "It will be a review of the performance this season and there will be nothing unusual in it."

Briton Pollock has received backing from Canadian driver and close-friend Jacques Villeneuve and engine suppliers Honda to remain at the helm of the team.