Germany’s Constantin Media has lodged a legal complaint against Formula 1 bosses, according to UK press reports.
The German company is understood to have filed a lawsuit in a London court, alleging that various Formula 1 managers undervalued the auto-racing event when selling it to CVC Capital. The private equity company paid US$1.7 billion (€1.2 billion) for Formula 1. Constantin was a minority stakeholder at the time of the sale.
ICYMI: Amazon entertainment device boss Marc Whitten departs digitaltveurope.com/2021/02/26/ama… https://t.co/Odm3aNH5lo
28 February 2021 @ 19:00:00 UTC
Today is the final day to take part our outsourcing and automation survey!
28 February 2021 @ 15:00:00 UTC