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A conflict of interest?

NEWS STORY
09/01/2009

If there is any truth to the Daily Telegraph's claim that Nick Fry is one of the potential bidders for the Honda F1 team, one has to ask whether there might be some sort of conflict of interest.

While we at Pitpass in no way profess to be experts in law - or anything else for that matter - surely it would be a conflict of interest for a would-be purchaser of a company to be involved in the process of overseeing other (rival) bids for the self-same company.

Mr Fry admitted yesterday that as many as thirty original bids had been whittled down to twelve.

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