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.
Heydemann in line to replace Richard as Orange CEO digitaltveurope.com/2022/01/24/hey…
24 January 2022 @ 16:00:03 UTC
TIM appoints Pietro Labriola as CEO digitaltveurope.com/2022/01/24/tim… https://t.co/Yp0n5EgAoD
24 January 2022 @ 13:36:19 UTC