Bill Holland Jackie Holmes Bill Homeier Kazuyoshi Hoshino Jerry Hoyt
Former Korea GP boss to fight dismissal
Posted by
fxtradertruth
on Monday, January 17, 2011
Yung Cho Chung, the former organiser of the Korean Grand Prix, is set to take legal action following his dismissal from the board of the company that runs the race. Despite having overcome delays in getting last year's event ready in time, and helping Korea clinch the prestigious FIA race promoters' trophy, an emergency board meeting of Korean organisers KAVO ousted Chung last week. Neither KAVO nor Chung have commented officially on the matter, but a source has indicated that the matter is now likely to go to court
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