F1

Minardi confirms purchase negotiations

Faenza, ITALY, January 24, 2001 - Minardi Team today responded to extensive media and motorsport website speculation concerning its future. Gian Carlo Minardi confirmed that negotiations are underway to secure the future of the team he founded...

Faenza, ITALY, January 24, 2001 - Minardi Team today responded to extensive media and motorsport website speculation concerning its future. Gian Carlo Minardi confirmed that negotiations are underway to secure the future of the team he founded in 1979, but that no formal announcement on the subject will be made this week. He stressed that stories purporting to reveal the purchase price of the team, as well as other details of its future arrangements, are completely inaccurate because no contract has yet been concluded.

-Minardi Team

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