Formula One news

MF1Racing sold

Midland F1 Racing has been bought by the M-consortium of Dutchman Michiel Mol, F1Racing.net can reveal. The deal will most likely be confirmed by the team at the Italian Grand Prix this weekend. It will also be unveiled what the exact role of Spyker is in the new team.

Michiel Mol and Midland had been negotiating for months after several setbacks before reaching an agreement just recently. What the team will look like exactly, is still unknown.

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