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Wednesday, October 18, 2006

China's F1 boss in corruption inquiry


The head of Shanghai's showcase Formula One motor racing circuit is being questioned over a major corruption inquiry, a state newspaper reported.

Yu Zhifei, manager of the Shanghai International Circuit, is assisting police in the high-profile case, the Shanghai Securities News said.

Mr Yu is being questioned over "illegal operations" at the $240m (£128m ) F1 track, according to the Shanghai Securities News report.

The BBC has more on the story at this link.

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