Chinese F1 boss found guilty
19 September 2007 – The Former boss of Formula 1 Motor Racing in China, Yu Zhifei, was found guilty of embezzling public funds. A Chinese court came with this decision on Monday. The prosecutor said Mr. Zhifei had 'embezzled large amounts of money, and should bear criminal responsibility for professional embezzlement."
Mr. Yu Zhifei was used public money to buy houses and other private items. It's also been rumoured in Chinese media that Zhifei was responsible for building the highway between the Shanghai city and circuit.