F1 » New York merchant bank joins News Corp F1 bid


In the latest twist in the intriguing case of News Corp/Exor's investigation into a possible takeover of F1's commercial rights, it seems the consortium has attracted a powerful new backer...


Last Comment

MikeG - Unregistered

May 16, 2011 9:04 AM

CVC will sell. They have made their money and will now look at getting maximum return for their investment by moving the assett. The risk of being left with nothing should a breakaway materialise is too great. Makes business sense to sell.

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