Prodrive set for Kuwaiti cash boost

(GMM) Prodrive had to call off its 2008 F1 entry over the 'customer car' row, but David Richards' British marque could now be set to enjoy a monetary boost.

According to documents filed by the specialist motor racing company, the Kuwaiti investment company IDC – which already part-owns Aston Martin with Richards – has the option of buying up to 40 per cent of Prodrive, the Independent newspaper said.

Prodrive's accounts also show that while the outfit only spent less than $260,000 on its aborted F1 project (in 2006), it subsequently filed a substantial financial loss.