SEPTEMBER 8, 2001

McNally's Swiss fire

PADDY MCNALLY, commander in chief of Allsport the Formula 1 marketing and hospitality business, encountered a little misfortune this week when the 19th Century Chateau Fazy, under refurbishment for the rumored occupancy of Sarah Ferguson, the Duchess of York, caught fire.

The McNally-owned property, situated near Geneva, seems to have caught fire as a result of a fault in the equipment of the builders renovating the property in anticipation of the new tenant and the damage to the upper floor and roof is estimated to be towards half a million dollars.