Villeneuve’s investment denial
FORMULA ONE: Jacques Villeneuve has dismissed claims that the son of controversial Libyan leader Muammar Gaddafi is behind the investment of his new F1 team.
Villeneuve Racing, run by the Canadian ex-world champion, will attempt to join the F1 starting grid in 2011 after joining forces with Italian-based firm Durango.
But Villeneuve, 39, confirmed: “To be clear, right now all the money comes from corporate sponsorship and not from personal investors.”