Sport & Racing

MG Rover race dream ran up debt of £48m

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By Chris Morley, Evening Mail MG ROVER’S attempts to break into the glamour world of racing succeeded in selling fewer than ten cars – and clocked up £48 million debts. The Phoenix Four’s bid to create a “halo effect” to boost the image of the group proved a hugely expensive flop, selling cars at £80,000 […]