Formula 1 Equipment Seized by the High Court

By The Sheriffs Office, PRNE
Sunday, April 11, 2010

LONDON, April 12, 2010 - After an unsuccessful attempt by a US team to join F1 this year, two of
their bespoke F1 trailers have been seized under a High Court order issued by
a UK creditor and are now for sale on eBay.

Nothing in F1 comes cheaply, but in accordance with the law, these will
be sold to the highest bidder, without a reserve. When new, they were
estimated to have carried a GBP300,000 price tag each!

David Carter, Director of The Sheriffs Office, responsible for enforcing
the High Court writ said:

"As a keen motorsport fan, it is certainly one of the more interesting
seizures we've made. The trailers were recently bought from Brawn GP by the
judgment debtor and really are something special. We've already has a lot of
interest and are now selling them via eBay".

Notes to Editor

The Sheriffs Office are authorised High Court Enforcement Officers
(HCEO). They enforce judgments of GBP600 and over on behalf of commercial and
private clients. The national average recovery rate is 67p in the GBP1 of all
enforceable cases. The Sheriffs Office recovery rate is 93p in the GBP1.

The Sheriffs Office are also certificated bailiffs, recovering unpaid
rent and repossessing property for landlords, and offer debt collection and
tracing services.

The test trailers were seized under the High Court writ of fieri facias
from Team US by The Sheriffs Office on behalf of a creditor. The trailers
were previously owned by Brawn GP and currently feature their logo and the
name Jenson Button 22 on the side.

One of the test trailers is a triple axle straight frame chassis with
1250mm pin height and the other is a triple axle step frame chassis with
1250mm pin height. The first trailer is for the transportation of equipment
and has an engineers' office in front with space for 10 engineers. The second
trailer is for the transportation of three single seater race cars and
equipment. It has a machine shop equipped with lathe/mill, draws/cupboards
and overhead lockers. Both trailers have a two ton D'Hollandia Race Car tail
lift with a central access door and aluminium clip on the steps, a Hydrovane
compressor, and a serviced 90Kva Webb Generator.

The Sheriffs Office - www.thesheriffsoffice.com

eBay listing: tinyurl.com/ycpph43

For further information, please contact: Claire Scaramanga, Scaramanga Marketing Ltd, +44(0)7860-919139, claire at scaramanga.uk.com

Discussion
April 13, 2010: 1:24 am

London’s High Court issued the seizure order on behalf of a UK creditor, and the writ enforcement officer has placed the items on eBay.Defunct USF1 had not even re-painted the trucks, so they still feature the Brawn GP logo and the words ‘Jenson Button - 22′ on the side.

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