Carmakers held no talks with banks on F1-BMW

Newswire

HOCKENHEIM, Germany, July 28 (Reuters) - Carmakers involved in Formula One have not held talks with banks about taking a stake in the racing car business following the demise of German media group Kirch , BMW said on Sunday. "There have been no talks -- at least none that I know of -- between the carmakers and the banks," BMW Chief Executive Helmut Panke told reporters on Sunday on the sidelines of the German Grand Prix. Carmakers, including BMW, DaimlerChrysler's Mercedes unit and ...

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