News Details
Canadian grand prix partly for sale
The Canadian grand prix is partly for sale, the Montreal daily La Presse reports. The newspaper said promoter Francois Dumontier, with a new ten-year race contract with Bernie Ecclestone in his pocket, is having talks with potential investors regarding his company Octane Racing Group. La Presse said Dumontier is open to selling 'up to 50 per cent' of the company. 'I am talking to several people,' Dumontier confirmed. 'I think right now we have a value, and I am looking at my options as any businessman would. This is a normal process.' The Canadian grand prix is promoted by Dumontier, but Ecclestone also has separate funding agreements with various levels of government. Dumontier, 48,...
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10y ago from ThisIsF1.com
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