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Briatore closing in on Cosworth?

NEWS STORY
07/10/2004

There is talk that Flavio Briatore could be involved in as many as three separate bids to secure ownership of Cosworth Racing.

We understand that at present there are four bids in for the engine builder. One is said to be led by Briatore, while another involves Mecachrome, the former Renault engine builders with whom the Italian has already had a business relationship.

Then there is another bid, which supposedly links Briatore, Eddie Cheever and General Motors.

Finally, could there be any truth in the rumour that a Chinese consortium was on the verge of purchasing both Jaguar Racing and Cosworth?

We hear that all that stood in the way of the deal being concluded, was an official 'blessing' from Ford, but when this wasn't given the consortium walked.

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