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.
.@euskaltel launches 5G/WiFi 6-based broadband to extend reach of fibre net digitaltveurope.com/2023/05/26/eus… https://t.co/JVNeHAG219
27 May 2023 @ 18:00:02 UTC
DTVE: the week in view — #ANGACOM: taking Germany’s temperature digitaltveurope.com/comment/anga-c… https://t.co/rR60s5sGGj
27 May 2023 @ 12:30:01 UTC
.@CNN launches FAST channel in Europe for younger audiences #TopStoriesofTheWeek digitaltveurope.com/2023/05/23/cnn… https://t.co/P3rO7LGZCM
27 May 2023 @ 09:00:03 UTC
ICYMI: M6 and Brut investor CMA CGM to acquire financial daily La Tribune digitaltveurope.com/2023/05/26/m6-… https://t.co/uOIj9zaUQ0
26 May 2023 @ 21:00:01 UTC
ICYMI: ProSiebenSat.1 looks to Joyn-led future as ad sales plummet in Q1 digitaltveurope.com/2023/05/26/pro… https://t.co/uQn17ueyK9
26 May 2023 @ 20:00:02 UTC
