Ex-motor racing chief jailed for fraud

The former Formula One racing boss in China has been sentenced to four years in jail for embezzlement, the latest person disgraced in a financial scandal in Shanghai.

Ex-motor racing chief jailed for fraud

The former Formula One racing boss in China has been sentenced to four years in jail for embezzlement, the latest person disgraced in a financial scandal in Shanghai.

Yu Zhifei, a former city government official and general manager of the Shanghai International Circuit, was given the sentence by the Intermediate People’s Court in the city of Wuhu, west of Shanghai.

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