16.06.2003 MINARDI'S FUTURE SECURED AS BERNIE ECCLESTONE TAKES SIGNIFICANT PERSONAL STAKE IN THE TEAM
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Minardi Team SpA is today
pleased to announce that, with immediate effect, Bernie Ecclestone has
become a significant investor. Minardi Team Principal, Paul Stoddart,
and Ecclestone agreed terms on Saturday, June 14, during the course of
the Canadian Grand Prix weekend. This development will in no way
affect the day-to-day operations of the Faenza-based team, but will provide
the much-needed financial stability that will allow the team to focus on
increasing its overall level of competitiveness.
“I am please to announce that Bernie Ecclestone has made a private investment in Minardi, which will provide stability, and with it, the chance to move the team forward,” comments Paul Stoddart. “On a personal note, it has been a rollercoaster weekend for Minardi, and it’s great to see that when the chips are down, the man who built the sport up to what it is today really does care. The responsibility now falls to me to ensure he has made a wise investment.” |
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