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GP2 'Americas Series' envisioned in F1 flotation plans
With the first Grand Prix in Texas taking place in just a few days the eyes of the United States are on Formula One. There are no American drivers in F1 but that could change if the green light is given to plans under consideration by the F1 Group.Earlier this year the sport planned a £6.3bn flotation on the Singapore stock exchange but the volatile economic climate ultimately put the brakes on this. As recently revealed the float is now not due to take place until 2014 despite everything being ready for it to go ahead in June this year. A flotation prospectus was issued in May and it showed both the current financial strength of F1 and its future potential. One of these routes for...
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13y ago from Pitpass.com
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