A Midland spokesman has admitted ‘ongoing’ talks between team owner Alex Shnaider and a Dutch group.
Existing sponsor Lost Boys, headed by Dutch businessman Michiel Mol, made an offer to buy Silverstone-based MF1 Racing as long as three months ago, and it was reported on Monday that the sale could now be announced at the Turkish grand prix.
”All I can say at this point is that discussions between the two parties are ongoing,” Midland’s Toronto-based head of communications Ron Fine said.
”Midland will have no further comment on the matter until it has reached its conclusion, one way or the other.”
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