John Abraham to purchase �10m stake in Moto GP team?

John Abraham, who has a keen interest in motorsport is on the brink of signing a �10 million deal by buying a stake in a Moto GP team.

A source close to the development told Times Of India, “The actor has been actively racing in overseas tracks and is extremely thrilled with the idea of making heavy investment in a team.”

Another source said, “If all goes according to the plan, the upcoming championship will have a team with John’s monetary share in it. He is presently trying to complete the formalities as far as the financial structure is concerned.”

Abraham confirmed the news to Times Of India.