MF1 sale still possible, say reports

Thu, 10 August 2006, 11:41

The saga has gone quiet in recent weeks, but reports in the Dutch press suggest that the sale of the Midland team is not yet ruled out.

At Monaco in May, Dutch MF1 sponsor Michiel Mol – of the ‘Lost Boys’ company – offered an estimated $100 million for Alex Shnaider’s team.

The latest edition of Holland’s ‘Formule 1 RaceReport’ publication claims that, more than two months later, Mol and billionaire Shnaider ‘are still having talks’ about the deal.

”I want to tell you everything,” Mol is quoted as saying, ”but we are still in negotiations so it would not be appropriate for me to do so.”

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