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....Over the years Malone’s sporadic skirmishes with Murdoch have varied from fierce to frenemy-like. Earlier this year, Malone’s Liberty Media bought Bernie Ecclestone’s Formula One in a deal valuing the sport at about $8bn, an asset Murdoch had looked to buy – Sky has TV broadcast rights in the UK, Germany and Italy. ... [Read full article on Guardian ]
Saturday 5th of August 2017 03:00:15 PM
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Latest Finance News related to Formula One

John Malone, the ‘swamp alligator’ chewing up the UK’s media market image
....Over the years Malone’s sporadic skirmishes with Murdoch have varied from fierce to frenemy-like. Earlier this year, Malone’s Liberty Media bought Bernie Ecclestone’s Formula One in a deal valuing the sport at about $8bn, an asset Murdoch had looked to buy – Sky has TV broadcast rights in the UK, Germany and Italy. ...
Ron Dennis to cut ties with McLaren board in £275m deal image
Source : Guardian [Read Article] Friday 30th of June 2017 03:53:40 PM
....Ron Dennis has severed ties with McLaren, stepping down from the board of the motor sport and technology companies he built up over 37 years. The former chairman and chief executive of the British Formula One carmaker will sell his shareholdings in a transaction valued at about £275m. ...
Sky Sports to replace numbered channels and slash prices in revamp image
Source : Guardian [Read Article] Tuesday 27th of June 2017 01:29:39 PM
....The retirement of Sky Sports 1,2,3,4 and 5 and the introduction of a new package two-thirds cheaper than current prices represents a major shakeup of the strategy that has made Rupert Murdoch’s Sky a pay-TV powerhouse. The new offering will result in the launch of themed channels, like Sky’s existing dedicated Formula One channel, for its top-flight sports including football – which will get two channels – golf and cricket. ...
Celebrity rich list 2017: Taylor Swift falls to 49th place as Diddy takes top spot image
.... Sir Elton John is in joint 26th place with TV chef Gordon Ramsay, both with estimated earnings of $60m. Other British celebrities in the top 100 list include musician Sir Paul McCartney at No 32, golfer Rory McIlroy at 37, DJ and producer Calvin Harris at 40, Formula One driver Lewis Hamilton at 46, and TV and music mogul Simon Cowell in 50th place. ...
Channel 4 executive who poached Bake Off favourite to land top job image
Source : Guardian [Read Article] Thursday 18th of May 2017 06:00:18 AM
....Channel 4 won a TV Bafta for its coverage of the London 2012 Paralympics (although the brave decision to buy the TV rights was made by Hunt’s predecessor, Kevin Lygo, now programme boss at ITV). She was, however, a driving force behind securing Formula One coverage when the BBC ended its deal early due to cost-cutting. ...
Lewis Hamilton takes pole position in Sunday Times sport rich list image
Source : Guardian [Read Article] Saturday 6th of May 2017 05:01:54 AM
....Lewis Hamilton has increased his wealth by more than £25m over the past year to take his total fortune to £131m and claim the title of the richest sportsperson in the UK. Hamilton, 32, the three-time FIA Formula One world champion, ranks ahead of Manchester United’s Zlatan Ibrahimovic and Wayne Rooney in this year’s Sunday Times rich list. ...
'Vijay Mallya can't avoid the law': Herts villagers on 'fugitive' billionaire neighbour image
. Vijay Mallya, the multimillionaire co-owner of the Force India Formula One team and self-proclaimed “King of the Good Times”, does not appear to be preparing for his possible extradition to India to face a fraud trial on allegations over £1bn of unpaid debts. ...
Sir David Attenborough to become 3D hologram for Sky VR documentary image
Source : Guardian [Read Article] Thursday 20th of April 2017 11:15:04 AM
....”. Sky, which has plans for 12 VR film projects and released two linked to its Formula One coverage, wants to showcase the potential and bolster the popularity of the technology. ...
Force India F1 team boss Vijay Mallya arrested in London image
Source : Guardian [Read Article] Tuesday 18th of April 2017 12:31:31 PM
. Vijay Mallya, the multimillionaire co-owner of the Force India Formula One team, has been arrested in London on behalf of Indian authorities investigating allegations of fraud in connection with the collapse of Kingfisher Airlines. ...
Ferrari gives up F1 stake in exchange for Liberty Media stock image
Source : Guardian [Read Article] Friday 10th of March 2017 04:46:33 PM
. Ferrari has traded its entire stake in Formula One for an interest in the racing franchise’s new owner, Liberty Media. ...
Why the Bank of England won’t raise interest rates any time soon image
Source : Guardian [Read Article] Saturday 18th of February 2017 05:00:07 PM
.... Moreover, savings have tumbled as a proportion of gross domestic product – and, worse, savers have been stealing not only from their deposit accounts but also from their pensions. George Osborne’s reforms allowed people aged 55 or older to empty their pensions, turn long-term savings into cash and splash it about like champagne-spraying Formula One drivers. ...
McLaren to create 200 jobs in Sheffield with new £50m plant image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:40:34 PM
.... Full production will begin at the site by 2020. The carmaker, whose sister company runs the McLaren Formula One team, has invested millions of pounds in the past few years to develop a British rival to Ferrari. ...
Bernie Ecclestone, Sir Martin Sorrell and executives to reap $40m in F1 selloff image
. Bernie Ecclestone and Sir Martin Sorrell, two of Europe’s most well-known businessmen, are among a handful of executives to have reaped a $40m payoff from the sale of Formula One (F1) auto racing to US media conglomerate Liberty Media. ...
Formula One pulled a fast one on the US taxman – and it's all perfectly legal image
. When Liberty Media finalized the takeover of Formula One auto racing’s parent company Delta Topco last week, it should have been music to the ears of America’s taxman. ...
Brompton pins hopes – and profits – on new fold-up electric bike image
Source : Guardian [Read Article] Thursday 5th of January 2017 05:00:48 PM
....8m. The London-based business has invested heavily in developing an electric bike with Formula One group Williams, renting a new factory and investing in a New York office. ...
Brexit: Civil service faces 'bumpy ride' says union leader image
Source : BBC [Read Article] Wednesday 28th of December 2016 05:03:34 PM
....He highlighted the Department for Environment, Food and Rural Affairs as one department to face difficult choices because of the amount of EU legislation affecting the farming and fishing industries and the level of financial support they received from Europe. "The civil service will have to effectively run a Formula One car whilst building next year's car at the same time. ...
House prices on Britain's most expensive street drop by £4m image
Source : Guardian [Read Article] Thursday 29th of September 2016 11:01:04 PM
....6m recorded in July 2015. Kensington Palace Gardens is home to some of Britain’s wealthiest homeowners, reported to include Roman Abramovich, the Formula One heiress Tamara Ecclestone and the Indian steel magnate Lakshmi Mittal. ...
Liberty Media takeover will give teams chance to buy shares in sport image
Source : BBC [Read Article] Thursday 8th of September 2016 02:44:59 PM
....Jean Todt, president of the sport's governing body, the FIA, said it "remained to be seen" what influence the takeover would have but welcomed the long-term investment. He added: "As motorsport's governing body and regulator we acknowledge Liberty Media's wide expertise in these fields and we look forward to working in close partnership with them in the future in order to further develop Formula One and bring it to new generations of motorsport enthusiasts around the world. ...
Formula 1 sale set to cross the finish line image
Source : BBC [Read Article] Monday 5th of September 2016 01:40:46 AM
.... . Mercedes team chief Toto Wolff said: "If there is an investor that wants to buy the shares it is good news for Formula One. ...

Lewis Hamilton criticised by Peta for 'foolish' Snapchat tiger selfies
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Source : Telegraph [Read Article] Thursday 11th of August 2016 10:07:59 AM
....Lewis Hamilton has been criticised by the animal rights organisation Peta after posting pictures of himself with endangered tigers on social media. The British Formula One driver was visiting the Black Jaguar White Tiger Foundation in Mexico earlier this week when he posted the photographs on his Snapchat account. ...

Kidnappers threatened to behead Bernie Ecclestone's mother-in-law
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Source : Telegraph [Read Article] Saturday 6th of August 2016 10:51:15 PM
....Bernie Ecclestone's family were went a gruesome video of a woman being beheaded by his mother-in-law's kidnappers as they demanded a £28m ransom. Aparecida Schunck, 67, the mother of the Formula One boss' wife Fabiana Flosi, 38, was abducted from her home in Sao Paulo. ...

Brazil police storm hideout to free Bernie Ecclestone's mother-in-law
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Source : Telegraph [Read Article] Monday 1st of August 2016 02:46:45 AM
....Bernie Ecclestone's mother-in-law has been rescued by Brazilian police after being held for nine days by kidnappers, who demanded a £28 million ransom. Aparecida Schunck, 67, the mother of the Formula One boss' wife Fabiana Flosi, 38, was abducted from her home in Sao Paulo. ...

Bernie Ecclestone's mother-in-law 'kidnapped' in Brazil
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Source : Telegraph [Read Article] Tuesday 26th of July 2016 08:30:33 AM
.... . The Telegraph's Formula One correspondent reports that Mr Ecclestone has declined to comment on the reports of his mother-in-law's kidnapping. ...
Armour materials maker Permali lands major defence contracts image
Source : Daily Express [Read Article] Wednesday 13th of July 2016 12:00:00 PM
.... . Those developments, coinciding with the reduction in defence budgets, have spurred the company to grow its markets in the aerospace, rail, medical and Formula One sectors. ...
City ally of Philip Green advised fraudster who tried to buy BHS image
Source : Guardian [Read Article] Wednesday 1st of June 2016 06:06:05 PM
.... She was part of the team conducting due diligence on the retailer being led by Paul Sutton, a 59-year-old bankrupt businessman who was sentenced to three years’ imprisonment after being found guilty in absentia of embezzlement in France in 2002. Saunders, who made her name at the German bank West LB in the early 2000s and had stints as an adviser for Bernie Ecclestone’s Formula One business and the refinancing of Wembley stadium, is credited with pushing through the deal that enabled Green’s breakthrough acquisition of BHS 16 years ago. ...
Brompton hopes electric bicycles can power international growth image
Source : Guardian [Read Article] Monday 30th of May 2016 04:57:32 PM
....The new bikes employ pedelec technology, which stores energy from pedalling and releases it when the rider reaches a hill. The Brompton system has been developed in partnership with Formula One team Williams and is a slimmed down version of the Kers (kinetic energy recovery system) technology that racing cars use to gain extra speed. ...
Property tycoons David and Simon Reuben top Sunday Times rich list image
Source : Guardian [Read Article] Sunday 24th of April 2016 06:03:02 PM
....Related: World's 20 richest people are $70bn poorer, says Forbes. But there were big rises for property tycoons, including the latest table-toppers, the Reuben brothers, while the list was gatecrashed by new entrants such as Formula One world champion Lewis Hamilton and Sacha Baron-Cohen, the comedian and actor behind Ali G and Borat. ...
Vijay Mallya says 'not an absconder' image
Source : BBC [Read Article] Friday 11th of March 2016 09:57:02 AM
....He was to receive the $75m payout as settlement after being ousted from the firm in February. Mr Mallya, once dubbed by Indian media as "India's Richard Branson" and the "King of Good Times" for his lavish lifestyle also owns a stake in the Formula One team Force India. ...
India tycoon blocked from $75m payout image
Source : BBC [Read Article] Tuesday 8th of March 2016 07:57:05 AM
....But the UK-based drinks giant had been reportedly trying to oust him as chairman after an internal inquiry found financial irregularities. Mr Mallya, once dubbed by Indian media as "India's Richard Branson" and the "King of Good Times" for his lavish lifestyle also owns a stake in the Formula One team Force India. ...
Trade secrets: What the Geneva Motor Show is really like image
Source : BBC [Read Article] Friday 4th of March 2016 10:28:03 PM
.... That's because it is here on neutral ground, away from the home bases of the big auto giants, that you see some of the most interesting cars in the world. There's the big-bucks Bugatti Chiron, which is, almost as powerful as two Formula One cars combined. ...
Business News: BT, Merlin, Diageo image
Source : Daily Express [Read Article] Friday 26th of February 2016 12:01:00 AM
.... . The deal also includes Diageo extending Smirnoff’s sponsorship of the Force India Formula One team of which Dr Mallya is part-owner. ...
The 21-year-old powering innovation at the nation's blue chips image
Source : Telegraph [Read Article] Sunday 7th of February 2016 09:18:24 PM
.... . Founder Josh Valman, now 21, has raised the capital from a consortium of angel investors, including Richard Tudor, boss of venture fund 24Haymarket and former partner at private equity firm Apax, and Nick Rose, former chief financial officer at drinks giant Diageo, who also hold non -executive positions at BT and Williams, the Formula One team, among other investors. ...
Robots rub up with Davos delegates image
Source : Guardian [Read Article] Sunday 17th of January 2016 09:00:05 AM
.... But German chancellor Angela Merkel, a regular attendee, will apparently not be there this year. Elsewhere, there will be a cello concert “celebrating intercultural dialogue and trust”, a day in the life of a refugee and a chance to learn “how to reach peak performance” with Formula One racing driver Sebastian Vettel at an alpine retreat on the Rinerhorn Mountain. ...
Renault back on F1 starting grid after £1 Loctus deal image
Source : Telegraph [Read Article] Saturday 26th of December 2015 05:30:10 PM
. Motoring giant Renault snapped up a 90pc stake in the Lotus Formula One team for £1 earlier this month, according to recently released company documents. ...
Boutique brand ST Dupont feels the force with luxury Star Wars and James Bond goods image
. What do you get for Christmas when you cross a 143-year-old French luxury brand with Star Wars, James Bond, Formula One and The Rolling Stones? . ...
Jaguar to join Formula E championship image
Source : Guardian [Read Article] Tuesday 15th of December 2015 11:36:35 AM
....The company will enter a Jaguar team into the FIA Formula E championship from next year and will use it to develop new electric technologies that could eventually be installed in road cars. Jaguar has not had a motor racing team since pulling out of Formula One in 2004 under previous owners Ford. ...
F1 contribution to UK economy is underrated, says Williams boss image
Source : Guardian [Read Article] Monday 16th of November 2015 04:55:39 PM
. The head of the Williams Formula One team has said the value of F1 to the UK economy is undervalued and that the sport is at the forefront of vital research and development that can boost the manufacturing industry. ...
Reality check for TV: Five-minute guide to cutting the cost of your package image
Source : Daily Express [Read Article] Sunday 15th of November 2015 12:01:00 AM
.... . “You might sign up to Sky Atlantic for Game Of Thrones, Sky Sports for the Premier League and Formula One, or BT Sports for its Champions League coverage. ...
Sky TV packages: what can I get and how much will it cost? image
Source : Telegraph [Read Article] Friday 13th of November 2015 10:20:10 PM
.... What you get . Seven Sky Sports channels featuring 116 live games from football's Premier League, 127 matches from the Football League and live action from the Capital One Cup; live coverage of the cricket Test Series and every Formula One race . ...
'I hope we can open more doors for women in Formula One' image
Source : Guardian [Read Article] Friday 30th of October 2015 07:25:10 AM
. Working in technology in Formula One wasn’t something I envisaged when studying at school in Northern Ireland or later at college in Liverpool. ...
Benetton leaves shock tactics behind as it seeks to stay in fashion  image
Source : Telegraph [Read Article] Saturday 24th of October 2015 02:15:52 PM
.... Benetton vintage knitwear. An aircraft hangar-sized room houses huge billboards from the group’s Unhate campaign as well as racing cars from the Benetton family’s 20-year involvement in Formula One. ...
Ferrari IPO gets off to racing start on Wall Street image
Source : Guardian [Read Article] Wednesday 21st of October 2015 07:04:39 AM
....Shares in the company, which listed under the stock ticker RACE, spiked 17% from its initial public offering price when the market opened before settling 7% higher, at $55, valuing the prancing horse at just over $11bn (£7bn). Eight Ferrari sports cars, including the current Formula One car and the new 488 GTB model, were lined up outside the stock exchange as Piero Ferrari, Sergio Marchionne, CEO of Fiat Chrysler, and Ferrari chief executive Amedeo Felisa rang the opening bell. ...
Fiat Chrysler launches Ferrari sell-off image
Source : Guardian [Read Article] Monday 12th of October 2015 09:51:13 AM
....Fiat Chrysler Automobiles has begun the process of selling a near-10% stake in luxury sports car brand Ferrari to Wall Street investors. In a statement on Monday, Fiat Chrysler said the initial public offering will price Ferrari at $48 and $52 per share (pdf), which will value one of Formula One’s most famous marques at $9. ...
The innovators: blood data helping athletes hit peak performance image
Source : Guardian [Read Article] Sunday 11th of October 2015 05:06:41 PM
....”. The sports the system has been used in include golf, Formula One motor racing, football, ice hockey, sailing, baseball, rowing and track and field events. ...
From RBS to rbs: bank seeks to decapitalise, literally image
Source : Guardian [Read Article] Sunday 11th of October 2015 10:48:52 AM
....Since taking over from Stephen Hester in October 2013, McEwan has focused the bank on the high street and intends to have a presence in 13 countries rather than the 51 in 2009. It is a step change from a decade ago when the RBS logo was aimed at a global audience – plastered on Formula One cars and greeting travellers arriving at Edinburgh airport. ...
Ferrari expecting to raise almost £600m in US share sale image
Source : Guardian [Read Article] Friday 9th of October 2015 10:54:05 PM
....FCA, which owns around 90% of Ferrari, is planning to distribute the rest of its stake to its shareholders. Ferrari, the marque famous for its prancing horse logo and its Formula One racing team, expects to list on the New York Stock Exchange under the symbol RACE. ...
Ferrari to be valued at $10bn in stock market flotation image
Source : Telegraph [Read Article] Friday 9th of October 2015 10:49:42 PM
.... . The car maker, famous for its "prancing horse" logo and its Formula One racing team, expects to list on the New York Stock Exchange under the symbol "RACE". ...
Russia hopes for Grand Prix boost image
Source : BBC [Read Article] Friday 9th of October 2015 09:30:08 PM
...." . Formula One Management awarded the Russian Grand Prix the 2014 trophy for the best-arranged race of the year, which was a sell-out, with a ticketed crowd of 65,000 on race day watching Lewis Hamilton win. ...
Who is Stephen Ross? The man who could be the new F1 boss image
Source : Guardian [Read Article] Friday 9th of October 2015 05:45:13 PM
. From American football and real estate to drone racing, the portfolio of interests of the man who could be the new ringleader of the Formula One circus is diverse. ...
John Leslie: 'I went from £350,000 a year to nothing overnight’ image
Source : Telegraph [Read Article] Sunday 4th of October 2015 06:03:52 AM
.... . My television break came when I warmed up the audience for a Tyne Tees television pop show and was asked to make a “showreel”, which I sent to ITV, the BBC and satellite channel Music Box, and moved down to London to present an Eighties music magazine show called Formula One for them. ...
Future of British Grand Prix at risk, says track boss image
Source : Telegraph [Read Article] Sunday 27th of September 2015 08:00:51 PM
. The future of Formula One’s British Grand Prix is at risk after the boss of the Silverstone race track revealed that it lacks sufficient funding and needs an investor. ...
Bloodhound: the 1,000mph car built in Britain image
Source : Telegraph [Read Article] Thursday 24th of September 2015 08:30:14 AM
.... . Bloodhound SSC, as the car is known, uses a prototype Rolls-Royce EJ200 Eurofighter jet engine and a hybrid rocket, with a Cosworth Formula One motor thrown in to act as an “auxiliary” power supply. ...
Manor Formula One hires Rothschild after bid approaches image
Source : Telegraph [Read Article] Saturday 12th of September 2015 04:00:08 PM
. Manor Formula One team has hired the investment bank Rothschild to field bids from possible new investors. ...
Justin King, former Sainsbury's boss, joins private equity firm image
Source : Guardian [Read Article] Tuesday 8th of September 2015 02:14:46 PM
.... The role is his first full-time job since leaving Sainsbury’s and means he follows in the footsteps of the former Tesco boss Sir Terry Leahy, who is also working in private equity with the US firm Clayton Dubilier & Rice. He has already taken advisory roles with Manor Marussia Formula One team Grand Prix and 2 Sisters Food Group, the owner of Fox’s Biscuits. ...
F1 revs up borrowing to hand $1bn prize to shareholders image
Source : Telegraph [Read Article] Monday 7th of September 2015 11:01:20 PM
. The owners of Formula One have completed a refinancing that has paved the way for a large dividend payout to the company’s shareholders. ...
Justin King to take on first major role since leaving Sainsbury's image
Source : Telegraph [Read Article] Monday 7th of September 2015 06:34:28 PM
.... . He then took advisory roles at the Manor Marussia Formula One team and Goodfella’s Pizza owner 2 Sisters Food Group. ...
City News: Karen Millen, Williams Grand Prix, AstraZeneca image
Source : Daily Express [Read Article] Saturday 5th of September 2015 10:43:00 AM
....Williams' revenues accelerate. WILLIAMS Grand Prix has reaped the rewards of an improved Formula One performance on the track to reduce its half-year losses. ...
F1 team owner Williams hunts revenue beyond motorsport image
Source : Telegraph [Read Article] Friday 4th of September 2015 11:55:06 AM
. The owner of the Williams Formula One team is on the turnaround trail, as it cut half-year losses by more than £18m. ...
Accelerating revenues boost Williams image
Source : BBC [Read Article] Friday 4th of September 2015 09:52:44 AM
....Chief executive Mike O'Driscoll said: "Our first-half results represent a significant improvement over the same period in 2014, with strong revenue growth and positive cash flow. "The improved performance of our Formula One team on the track is now reflected in both higher commercial rights income and increased sponsorship revenue, bolstering our financial results. ...
Channel 4 backs sport producer owned by Jake Humphrey and David Coulthard image
Source : Telegraph [Read Article] Wednesday 12th of August 2015 04:01:37 PM
....” . To date the company has worked mostly with Formula One sponsors such as Shell and Red Bull on corporate-funded programmes. ...
Source : Independent [Read Article] Saturday 1st of August 2015 03:45:00 AM
.... . Mr Malone has also recently been linked with a possible bid for the Formula One motorsports body. ...
Meet the biggest winner in the history of Formula One: CVC Capital Partners image
. Formula One reaches the midway point of the season at the Hungarian Grand Prix on Sunday: but the real action will not be on the track but off it as the race for ownership of the sport revs up. ...
Ferrari kickstarts split from Fiat Chrysler by filing for NYSE share listing image
....”. The Ferrari brand has become one of the world’s most recognisable, yet exclusive leading luxury brands, marrying Italian design and engineering with a reputation for innovation underpinned by the division that runs its Formula One racing team, Scuderia Ferrari, the most successful in the sport’s history. ...
Carlos Ghosn throws Renault’s F1 future in doubt image
Source : Guardian [Read Article] Sunday 28th of June 2015 07:21:34 PM
. Renault’s involvement in Formula One has been thrown in to further doubt after Carlos Ghosn, the company’s chairman and chief executive, said that options, including an exit from grand prix racing, remained open. ...
The company safeguarding a summer of British sport image
Source : Telegraph [Read Article] Saturday 27th of June 2015 04:16:48 PM
.... . They’re also used on fridges, laptop computers, window frames and cars, including McLaren Formula One racers, as well as ships and commercial aeroplanes. ...
McLaren races ahead despite its F1 reverses image
Source : Independent [Read Article] Friday 26th of June 2015 12:08:19 AM
. McLaren’s problems on the Formula One track didn’t dent sales of its supercars last year as profits in its automotive arm roared ahead by more than 200 per cent. ...
Green Investment Bank sell-off raises several red flags image
Source : Guardian [Read Article] Wednesday 24th of June 2015 11:05:01 PM
.... Both statements should have caught the ears of the regulators at the time. If private equity house CVC really could make five times its money from its investment in Formula One by selling to the Qataris and/or a US tycoon, it sounds like a deal too good to refuse. ...
Canada's giant pension funds are the new masters of the universe image
Source : Telegraph [Read Article] Sunday 21st of June 2015 08:25:50 PM
.... . As a financial journalist used to seeing the strict governance rules pervading UK plc, it is a source of amazement and fascination that one man is able to exert such an influence over an entire industry, particularly one that generates as much money as Formula One. ...
Ovo chief's F1 venture steers to loss image
Source : Telegraph [Read Article] Sunday 21st of June 2015 07:15:19 PM
. The future of the Manor Formula One team is in the hands of its owner, Ovo Energy boss Stephen Fitzpatrick, according to its latest accounts. ...
Formula E is on track for a stock market flotation image
Source : Independent [Read Article] Friday 19th of June 2015 07:14:05 PM
.... This way is the most obvious one and probably the one which can realise most value for the shareholders,” says Mr Agag. Few expected Formula E to succeed but it has attracted the attention of famous names including former Formula One champion Alain Prost, Sir Richard Branson and Hollywood actor Leonardo DiCaprio, who all own teams in the series. ...
Business and climate: the hype and the reality image
Source : Guardian [Read Article] Wednesday 17th of June 2015 02:52:19 PM
....Related: Working for Shell didn’t stop me having morals or accepting climate change. And now some of the most unlikely candidates are queuing to be heard, including the poster children for the fossil fuel high life, such as Formula One and the aviation and fashion industries, the latter considered as a sectoral role model for wasteful, disposable consumerism. ...
Virgin put the brakes on Ferrari voucher for Silverstone image
Source : Guardian [Read Article] Monday 1st of June 2015 06:00:14 AM
.... After a month I got the message that the voucher couldn’t be used at Silverstone following changes. I had chosen Silverstone as my husband is a big Formula One fan. ...
FirstGroup to spend £73m on green buses in boost to UK manufacturing image
....7m. Five of the buses will incorporate energy recycling technology originally developed in Formula One motor racing. ...
Group planning to sue Tesco bring in top commercial lawyer Philip Marshall image
....A highly respected commercial lawyer has been drafted in by a group set up to sue Tesco over last year’s accounting scandal in what could turn into a multi-billion pound lawsuit. Philip Marshall QC represented Paddy McKillen in his epic battle with the Barclay brothers over ownership of the Claridge’s, Connaught and Berkeley hotels, grilled Bernie Ecclestone in the High Court for three days over the sale of the Formula One business to CVC and fought for the largest group of fraud actions ever to be brought in the High Court  against Kazakhstan’s BTA Bank. ...
Source : Independent [Read Article] Thursday 28th of May 2015 01:58:22 PM
....A group set up to sue Tesco over last year's accounting scandal has drafted in a highly respected commercial lawyer for what could turn into a multi-billion pound lawsuit. Philip Marshall QC represented Paddy McKillen in his epic battle with the Barclay brothers over ownership of the Claridge’s, Connaught and Berkeley hotels, grilled Bernie Ecclestone in the High Court for three days over the questionable sale of the Formula One business to CVC and fought for the largest group of fraud actions ever to be brought in the High Court  against Kazakhstan’s BTA Bank. ...
F1 boss Bernie Ecclestone to fight £1bn tax bill as settlement is torn up image
Source : Independent [Read Article] Thursday 21st of May 2015 11:53:44 PM
. Bernie Ecclestone is taking legal action against HM Revenue & Customs over claims that he owes the tax authority more than £1bn after it tore up a settlement agreed with the Formula One boss in 2008. ...

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