French Grand Prix finances need settling before the group organising the race can be fully disbanded. F1
The dissolution of the group that managed the French GP has been postponed, due to a need to look into a financial deficit of more than €27 million.
However, the legal end to this PIG has not gone ahead due to discussions regarding its accounts, with protests from members of the board and stakeholders regarding the management of the business. Senator for Moselle, Jean-Louis Masson, said some investigations are required to figure out where the deficit stems from.as quoted by the French subsidiary of Motorsport.comThe debate centres around the absence of a ‘certain number of requested documents’, as well as the provisional sharing of the reimbursement of the sum between various interested parties: the PACA region, the Toulon-Provence-Mediterranean metropolises, Nice Cote d’Azur, and Aix-Marseilles-Provence, amongst others.
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