What significant event happened to Venturi in 2000?
Declared bankruptcy and was purchased
Won the Formula 1 World Championship
Launched their first electric car
Merged with another automotive company
Answer
In 2000, Venturi declared bankruptcy after nearly sixteen years of operation. The same year, Monegasque Gildo Pallanca Pastor purchased the company and shifted its focus to electric-powered motors, setting the stage for its involvement in the Formula E World Championship.
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