The stench of the Canadian sponsorship scandal surrounded the Canadian Grand Prix on Monday...CANOE -- CNEWS - Canada: Grand Prix organizers aided Groupaction plan: "Grand Prix organizers aided Groupaction plan...
By BRIAN DALY (CP)
MONTREAL, QC - Top Canadian Grand Prix organizers conspired with the Groupaction ad firm to hide $264,000 in racing tickets under a sponsorship contract, the federal sponsorship inquiry heard Monday.
Documents show the scheme was one of two occasions where race officials falsified paperwork to shower expensive Formula One tickets on the ad firm at the centre of the sponsorship scandal. Two Grand Prix vice-presidents admitted the federal sponsorship contract for the 1998 auto race was boosted to $900,000 from $700,000 the previous year.
Including production costs, the total value of the contract increased by an amount nearly identical to the cost of 230 tickets to the Formula One race. "
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