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Old 01-19-2009, 07:17 PM   #21
Progniusis

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I think only 10% and I'm not sure if he owns it or it's in the name of his estranged wife.
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!
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Old 01-19-2009, 07:31 PM   #22
SarSerceSaice

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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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