F1 » CVC sells F1 stake


CVC Capital sells a stake in F1 to group of investors

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evelcyclops - Unregistered

May 22, 2012 3:02 PM

id ont think these suspect sales are going to sure up the IPO valuation. I dont know for certain, but i'm going to guess these investment firms are friends of mr CVC, and they are probably doing this on a favour based approach.

i'd put money on 10% being wiped off the value after the first day. seems liek an overvaluation

cas - Unregistered

May 22, 2012 3:30 PM

only 10%? lets hope it tanks and we some how get rid of Bernie before coming back to a more appropriate and realistic level

also if one of the bigger teams hold out on signing up to something and the stock price drops, then they or someone close to them buys while the price is low then they sign up to whatever and the price goes back to normal, isn't that illegal in someway? i'm sure it insider trading or something.

Whatever it's going to be fun to watch when Ferrari does the "if it doesnt benefit us, we could leave f1" -dance around the time of the next concord agreement

Kimi - Unregistered

May 22, 2012 3:37 PM

for those delisional enough to think of F1 as a sport and not a business maybe now it's time to wake up. Who is an F1 champion compared to the money involved? Smaller than an ant!

Jenson Button - Unregistered

May 22, 2012 8:40 PM

Crap,
All the 30 and 40 year olds other than Kimi are talking all bullsh1t. In case of Sebastian, its understandable. Mind you all guys Kimi hates bullsh1t.

Narain I think Sebastian has more F1 world championships than his age according to you. Oh or are they both to wet his nappies faster than all of us?

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