Midland's Alex Shnaider is now weighing up a solid offer to sell his Formula One team, according to reports in Holland. Dutch publication 'Formule 1 RaceReport' claims that Michiel Mol - of Christijan Albers' sponsor Lost Boys - met with Russian-born Shnaider at Monaco, where the $128m offer was reportedly made aboard the 'Midlandia' yacht.

“It is an interesting offer,” Shnaider is quoted as saying, “but in my heart I am not yet ready to sell. Sometimes I wish I would never have received this offer!”

Lost Boys' Mol is understood to have granted Shnaider some time to consider the offer. He revealed: “[Shnaider] told me that he does not want to make a rushed decision.”