Horner in talks with MSP Sports Capital over £450m Alpine F1 stake Sport Business Former Red Bull Racing team principal Christian Horner could return to the Formula 1 grid as a team owner at Alpine. A 24 per cent stake in the French team owned by Otro Capital has been at the heart of a number of sale discussions over recent months, with Horner involved in those. But the [...]
What next for Tottenham Hotspur after Daniel Levy departs? Sport Business When it finally came, Daniel Levy’s departure as chair of Tottenham Hotspur took everyone by surprise – even those within the club. On Thursday, just before 6pm, Spurs announced that the man tasked with running the club for the Lewis family for almost a quarter of a century was stepping down. Before the evening was [...]
F1: McLaren stake sale values team at record $5bn Sport Business McLaren’s 30 per cent stake sale values the Formula 1 team at north of $5bn, according to sources close to the deal. Majority shareholders Mumtalakat, the Bahraini sovereign wealth fund, and UAE-based investment group CYVN Holdings this week completed the purchase of all shares they did not already own to acquire 100 per cent of [...]