Posted on July 28, 2011
My colleagues at the Financial Times have written a story with comments from investors in CVC saying that they are uneasy with the the lack of response from the private equity company that owns 75% of the commercial rights of Formula 1, to the ongoing bribery allegations surrounding the sale of F1 five years ago. They want the private equity firm to take a lead and provide more information. “There has not been much communication from CVC on F1 and we are slightly worried about it. We do not know more about this than what we read in the media,” More…
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