Atlas F1 - The Daily Grapevine

Diniz Set to Increase Prost Stake

Thursday April 26th, 2001

Former Formula One driver Pedro Diniz could become the main shareholder of the Prost Grand Prix team soon, according to reports in the Autosprint magazine.

Brazilian Diniz, who retired from his racing role at the end of the 2000 season after five years in the sport, already owns a "significant" stake in the Prost team, who according to rumours are going through financial difficulties.

According to Autosprint, Diniz is set to buy another stake of the team, becoming the main shareholder with 70 percent of the shares of the French outfit. The Brazilian would be supported by his father Abilio, owner of the Grupo Pao de Acucar, and by Italian multinational Parmalat and the Brahma brewery.

Diniz is also thought to have had a big influence in the team's decision to replace Argentine driver Gaston Mazzacane with Brazilian Luciano Burti last week.

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