Lehman Brothers looking to sell Formula 1 shares
- Published on 08 Mar 2012 13:56
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- By: Rob Veenstra
The bank, which is being wound up to pay back creditors, still holds a 15 per cent stake in the majority CVC-owned holding company Delta Topco, which the Guardian newspaper said is valued at about $1.5 billion.
Lehman Brothers became a F1 shareholder in 2002, when the German media company Kirch defaulted on a loan. (GMM)
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