Mercedes GP
Sale of BAR to BAT and Honda complete
By Phil Huff (10/01/2005)
January 13 2005
In one of the shortest press releases ever created, Lucky Strike BAR Honda have confirmed that the sale of the team to a joint venture between BAT and Honda has been completed. The statement read: BARH Limited, the new 55/45 joint venture between British American Tobacco and Honda Motor Co., Ltd, has completed the acquisition of the BAR Formula One racing team from administrators Grant Thornton.
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