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Prodrive set for Kuwaiti cash boost

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Khatir Soltani
By GMM

Prodrive had to call off its 2008 F1 entry over the 'customer car' row, but David Richards' British marque could now be set to enjoy a monetary boost.

According to documents filed by the specialist motor racing company, the Kuwaiti investment company IDC - which already part-owns Aston Martin with Richards - has the option of buying up to 40 per cent of Prodrive, the Independent newspaper said.

Prodrive's accounts also show that while the outfit only spent less than $260,000 on its aborted F1 project (in 2006), it subsequently filed a substantial financial loss.
Khatir Soltani
Khatir Soltani
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