News Details
Genii sell part of Lotus F1 Team
Lotus F1 Team has new part-owners as of today, with Infinity Racing Partners Limited (Infinity Racing) acquiring a 35% minority stake in the team. Infinity Racing joins Genii Capital, who retain a controlling stake in the team, with Gerard Lopez continuing as Chairman.
Infinity Racing is an investment consortium whose special purpose vehicle is comprised of private investors that include an American hedge fund manager, an Abu Dhabi-based multinational business group and royal family interests of a major oil producing nation. Lotus F1 Team was previously 100% owned by an investment vehicle of Genii Capital – a global investment management and financial advisory firm headquartered in...
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12y ago from F1Technical.net
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