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21st
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It appears organizers of the European Grand Prix in Valencia are involved in the latest corruption story to come to light in F1.
The city of Valencia hosted fives F1 races between 2008 and 2012.
But when the local government changed that year, the event was considered too expensive and never made it back onto the calendar, as plans to host the Spanish Grand Prix instead with Barcelona failed to materialize.
"(New) Valencia president Alberto Fabra is determined to correct the nonsense of a grand prix that he inherited from his predecessor and has cost a fortune to the public purse," Spanish newspaper Diario Sport reported at the time.
"In this context, it would be very difficult to explain to the taxpayers of the region that more money is being allocated for F1."
The Associated Press now reports that the country's Prosecutor's Office is wondering why the race was put in the hands of Valmor Sports, a private company with no experience in motorsport.
Francisco Camps, Fabra's predecessor, Dolores Johnson, a tourism official, and Jorge Matinez, a shareholder of Valmor Sports, are all under investigation for alleged corruption.
The city of Valencia hosted fives F1 races between 2008 and 2012.
But when the local government changed that year, the event was considered too expensive and never made it back onto the calendar, as plans to host the Spanish Grand Prix instead with Barcelona failed to materialize.
"(New) Valencia president Alberto Fabra is determined to correct the nonsense of a grand prix that he inherited from his predecessor and has cost a fortune to the public purse," Spanish newspaper Diario Sport reported at the time.
"In this context, it would be very difficult to explain to the taxpayers of the region that more money is being allocated for F1."
The Associated Press now reports that the country's Prosecutor's Office is wondering why the race was put in the hands of Valmor Sports, a private company with no experience in motorsport.
Francisco Camps, Fabra's predecessor, Dolores Johnson, a tourism official, and Jorge Matinez, a shareholder of Valmor Sports, are all under investigation for alleged corruption.