Michael James in fast lane

MICHAEL James (pictured), the former CEO of the collapsed Air Australia and husband of Bestjet MD Rachel James, has been spending plenty of time on the road in recent weeks, with his own personal motor racing team having come in second place in the Phillip Island 600.The Holden Commodore-driving outfit, called MRJ Motorsport, features James behind the wheel along with co-driver Callan Sayers, driving an HSV VE GTS in the “Aussie Muscle 1 Class”.It’s now just over seven months s