News Details
Canadian GP company partly for sale
The Canadian Grand Prix is partly for sale, according to a report in influential Montreal daily La Presse. 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. 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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11y ago from GrandPrix247.com
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