LONDON (Reuters) - Honda have put their Formula One team up for sale and will close it down if no buyer is found by the end of the year, a senior source at a rival team told Reuters on Thursday.
"They have a month to find a buyer, otherwise they are closing the team," the source quoted Honda team bosses Ross Brawn and Nick Fry as telling a meeting of the Formula One Teams' Association (FOTA).
(Reporting by Alan Baldwin, editing by Ken Ferris)
NEW YORK (Reuters) - Galleon hedge fund founder Raj Rajaratnam and co-defendant Danielle Chiesi asserted their innocence on Monday to charges of securities fraud, in what U.S. prosecutors describe as the biggest hedge fund insider trading case ever.
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