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**SarSerceSaice** · 01-19-2009, 07:31 PM

10% of 3 billions is not bad either!

That means that 10% of the money the teams are claiming is his (or his wife's ) money!

The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship and exploitation of the sport's commercial rights.[1] The Group is owned ultimately by Delta Topco, a Jersey–based company owned by CVC Capital Partners' funds (approximately 70%) and JPMorgan (approximately 20%). Bernie Ecclestone's family trust owns the remainder apart from small shares held by financial advisers and Ecclestone himself.[2]

"Formula One Group" strictly refers to Formula One Management, Formula One Administration and Formula One Licensing BV,[3] which are subsidiaries of the Formula One Holdings holding company. However Delta Topco owns other Formula One businesses which are referred to in the same way.

Good ole Wiki

01-19-2009, 07:31 PM	#22
SarSerceSaice Join Date Oct 2005 Posts 486 Senior Member	10% of 3 billions is not bad either! That means that 10% of the money the teams are claiming is his (or his wife's ) money! The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship and exploitation of the sport's commercial rights.[1] The Group is owned ultimately by Delta Topco, a Jersey–based company owned by CVC Capital Partners' funds (approximately 70%) and JPMorgan (approximately 20%). Bernie Ecclestone's family trust owns the remainder apart from small shares held by financial advisers and Ecclestone himself.[2] "Formula One Group" strictly refers to Formula One Management, Formula One Administration and Formula One Licensing BV,[3] which are subsidiaries of the Formula One Holdings holding company. However Delta Topco owns other Formula One businesses which are referred to in the same way. Good ole Wiki
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