Nick Fry has denied reports that his dual-role in vetting bids for the Honda F1 team and also contemplating a management buyout is a conflict of interest.

A British newspaper had said the UK government was asked to step in, amid team staff's concerns that the Briton may not be acting in the best interests of the Brackley based outfit's future.

But Fry insists he has not been left alone by Honda to handle the negotiations with other potential buyers "and we have taken legal advice at all times to ensure no conflict of interest.
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"It is evident that attempts are being made by certain parties to frustrate this process," he charged.

Fry said the process of attempting to secure the team's future, so that two cars line up on the Melbourne grid, continues.

Source: GMM
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