News Details
EU initiative lies with teams, says MEP
Anneliese Dodds, Labour MEP for the South East England region, has today visited Force India's Silverstone HQ. In November, just months into her new role, Dodds wrote to the European competition commissioner Margrethe Vestager, calling on her to investigate two questionable moves made by the FIA. The first was the FIA's acceptance of a 1% stake in the F1 Group which runs F1, a deal that could be worth as much as $120m should CVC, which controls the F1 Group, successfully reach its $12bn target when selling the business. The second concerning the formation of the Strategy Group, which the FIA agreed to in return for a payment of $40m. Dodds called on the European competition commissioner to...
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11y ago from Pitpass.com
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