Villadelprat convicted after failed Epsilon Euskadi F1 team bid saga
14 November, 2013
The final chapter in Epsilon Euskadi’s failed saga to enter Formula 1 took place this week in a Spanish court.
Deia and El Correo publications report that the defunct motor racing outfit’s chief, Joan Villadelprat, was convicted of corruption and negligence, and banned from administration for a period of three years.
Villadelprat, who worked in Formula 1 for teams including McLaren, Ferrari, Tyrrell and Prost and tried to bring his own team into Formula 1 for the 2010 and 2011 seasons, was also fined € 900,000 for concealing assets as Epsilon Euskadi collapsed.
It is reported the case will return to court next week, when – because Epsilon Euskadi was partly funded by the Basque region – it will be determined if Villadelprat and another chief committed criminal offenses. (GMM)
Subbed by AJN.