Register | Sign in

Home
News
Drivers
- Current Drivers
- Max Verstappen
- Daniel Ricciardo
- Lando Norris
- Pierre Gasly
- Sergio Perez
- Fernando Alonso
- Charles Leclerc
- Lance Stroll
- Kevin Magnussen
- Yuki Tsunoda
- Alexander Albon
- Guanyu Zhou
- Nico Hulkenberg
- Esteban Ocon
- Franco Colapinto
- Lewis Hamilton
- Carlos Sainz
- George Russell
- Valtteri Bottas
- Oscar Piastri
- Test/Reserve Drivers
Teams
Tracks
Seasons
Pictures
- Latest Galleries
- 2024 Las Vegas Practice
- 2024 Sao Paulo GP
- 2024 Sao Paulo Sprint
- 2024 Sao Paulo Practice
- 2024 Mexico City GP
- 2024 Mexico Saturday
- 2024 Mexico Practice
- 2024 United States GP
- 2024 United States Saturday
- 2024 United States Friday
- Gallery Categories
- 2024 Season
- 2023 Season
- 2022 Season
- All galleries
Stats
JOHNNYBET

Pollock attempting to block Honda's BAR purchase

NEWS STORY
02/12/2004

It's understood that team founder, and former team principal, Craig Pollock, has taken legal action to prevent Honda's purchase of 45% of the BAR team.

When Honda announced that it was to purchase a 45% stake in the Brackley outfit, British American Tobacco had already started to put BAR Holdings - a company in which Pollock, team co-founder Adrian Reynard and Rick Gorne, all had a financial interest - into administration. It's understood that BAR Holdings owned 10% of the original company.

The aim was for British American Tobacco to buy back BAR as sole owners and then sell the 45% stake to Honda, which had made it clear did not want to get financially involved whilst there were any 'minor' shareholders.

It's understood that Pollock has begun legal proceedings to stop BAT placing BAR Holdings into administration. Furthermore, the Scot is claiming that BAT acted improperly in agreeing the sale to Honda without consulting all BAR board members.

While BAT is claiming that it acted properly and that there is no case to answer, Pollock says quite the opposite, and is confident of success.

LATEST NEWS

RELATED ARTICLES

LATEST IMAGES

Click to go to the main galleries section

POST A COMMENT

sign in

or Register for a Pitpass ID to have your say

Please note that all posts are reactively moderated and must adhere to the site's posting rules and etiquette.

Post your comment

Sign in or register for a Pitpass ID to leave a comment here!

post comment

READERS COMMENTS

No comments posted as yet, would you like to be the first to have your say?

Share this page

X

close

Copyright © Pitpass 2002 - 2024. All rights reserved.

about us | advertise | contact | privacy & security | rss | terms