 |  |  |
| Team executive fined for inside trading |
 |
|
Jul.25 (GMM) Former formula one team official Victor Muller, the
founder and former Spyker chief executive, has been fined $150,000 for
insider trading.
The Dutch financial watchdog AFM (Autoriteit Financiele Markten) ruled that Muller, now chief designer of the specialist car maker, passed knowledge about Spyker to a bank, the newspaper Financieele Dagblad reported this week. Spyker, which last year sold the Silverstone based formula one outfit to the team's current incarnation Force India, refused to comment. The Dutch newspaper, however, said the case dates back to when Spyker was involved in formula one. Reportedly, Muller emailed the undisclosed bank in the middle of last year, advising it not to sell shares in the company because a "positive press release" was shortly due to be released. The AFM, which imposed the heaviest penalty possible, said the breach was a "very serious violation" of the law.
|
search
 |
 |
 |
 |
2010 guide
| Bahrain GP - Sakhir |  |  |  |
| Friday practice 1 |  | 07.00 | |
| Friday practice 2 | | 11.00 | |
| Saturday practice | | 08.00 | |
| Qualifying | | 11.00 | |
| Race | | 12.00 |
2010 Calendar
| Race | Grand Prix | Date |
| 1 | Bahrain GP | 14 March |
| 2 | Australian GP | 28 March |
| 3 | Malaysian GP | 4 April |
| 4 | Chinese GP | 18 April |
| 5 | Spanish GP | 9 May |
| 6 | Monaco GP | 16 May |
| 7 | Turkish GP | 30 May |
| 8 | Canadian GP | 13 June |
| 9 | European GP | 27 June |
| 10 | British GP | 11 July |
| 11 | German GP | 25 July |
| 12 | Hungarian GP | 1 August |
| 13 | Belgian GP | 29 August |
| 14 | Italian GP | 12 September |
| 15 | Singapore GP | 26 September |
| 16 | Japanese GP | 3 October |
| 17 | Korean GP | 17 October |
| 18 | Abu Dhabi GP | 31 October |
| 19 | Brazilian GP | 14 November |
We have 319 guests online
Warning: mysql_query() [function.mysql-query]: Unable to save result set in /home/f1comple/public_html/libraries/joomla/database/database/mysql.php on line 223
