JUNE 8, 2002

Manufacturers plan new meeting

THE automobile manufacturers which are talking of establishing their own Grand Prix World Championship are to have another big meeting at Silverstone on July 5. The meeting has been called so that discussions into the planned series can advance a little more to show the Formula 1 circus that they are serious about the new series.

This will increase the pressure that exists on Kirch, its creditor banks and the Formula One group to find a solution to the current issue of ownership of the business which is blocking all progress.