Van der Garde backer denies eyeing shares in Force India

Marcel Boekhoorn with Giedo van der Garde

Marcel Boekhoorn with Giedo van der Garde

Giedo van der Garde’s wealthy father-in-law has denied that he is considering buying into a Formula 1 team.

In recent weeks, the Dutch billionaire and businessman Marcel Boekhoorn, who sponsors van der Garde’s Caterham race seat via the McGregor brand, was linked with buying stakes in the Williams or Force India teams.

“The reports are false,” van der Garde’s management insisted in a Dutch-language media statement.

“A Formula 1 team does not fit the investment profile of Boekhoorn M+A, the investment vehicle of Marcel Boekhoorn,” it insisted.

The statement also insisted that even a “minority stake” in a Formula 1 team would “not guarantee a cockpit” for van der Garde, since they “are two different projects”.

As for van der Garde’s future, his management said that 2013 was a “very strong debut” for the Dutch racer, adding that “constructive discussions” are taking place not only with Caterham, but also “a number” of other teams regarding 2014.

“The outcome of these talks is currently completely open,” the statement concluded. (GMM)

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