News Details
PDVSA plays down Maldonado axe reports
A source at PDVSA, the Venezuelan state oil company, has played down speculation about Pastor Maldonado's immediate future in Formula 1. Reports have suggested that amid a corruption scandal and the plunging price of oil, the company is late to make its due payments to the Enstone based Renault team. Other rumours, however, say a share-price plunging Renault may be facing a Volkswagen-like emissions scandal of its own, and therefore wants to shy away from associating with another scandal-ridden company like PDVSA. So amid reports Maldonado could be replaced by Kevin Magnussen, a PDVSA source said: 'This is all speculation at the moment. 'We have not received any information other than what...
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8y ago from GrandPrix247.com
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