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Formula One Administration
The Formula One Group is a group of companies responsible for the Promotion (marketing), promotion of the Fédération Internationale de l'Automobile, FIA Formula One World Championship, and the exercising of the sport's commercial rights. The Group was previously owned by Delta Topco, a Jersey-based company owned primarily by investment companies CVC Capital Partners, Waddell & Reed, and Lehman Brothers, LBI Group, with the remaining ownership split between Bernie Ecclestone, other investment companies, and company directors. It was bought by Liberty Media in 2017. Ecclestone, a former Formula One team boss, spent 40 years as chief executive of the company after gaining control of the commercial rights. , the group is run by Stefano Domenicali as president and chief executive officer. Ross Brawn is managing director of motor sports, and Chase Carey, who previously ran the group from 2017 to 2020, is non-executive chairman. History In 1974, the Formula One Constructors' Associa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Motorsport
Motorsport, motorsports or motor sport is a global term used to encompass the group of competitive sporting events which primarily involve the use of motorized vehicles. The terminology can also be used to describe forms of competition of two-wheeled motorised vehicles under the banner of motorcycle racing, and includes off-road racing such as motocross. Four- (or more) wheeled motorsport competition is globally governed by the Fédération Internationale de l'Automobile (FIA); and the Fédération Internationale de Motocyclisme (FIM) governs two-wheeled competition. Likewise, the Union Internationale Motonautique (UIM) governs powerboat racing while the Fédération Aéronautique Internationale (FAI) governs air sports, including aeroplane racing. All vehicles that participate in motorsports must adhere to the regulations that are set out by the respective global governing body. History In 1894, a French newspaper organised a race from Paris to Rouen and back, starting ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Formula One Constructors' Association
The Formula One Constructors' Association (FOCA) was an organization of the chassis builders (constructors) who design and build the cars that race in the FIA Formula One World Championship. It evolved from the earlier ''Formula 1 Constructors Association'' (F1CA; the name was changed due to unfortunate connotations in some languages) and came to be dominated by Bernie Ecclestone and Max Mosley (originally a co-founder of March Engineering). Frank Williams, Colin Chapman, Teddy Mayer, Ken Tyrrell were also significant members. FOCA served to represent the interests of their privately owned teams – usually against the race organisers and later against the manufacturer-owned or supported teams such as Ferrari, Matra and Alfa Romeo. Ecclestone became the organisation's chief executive in 1978, with Mosley taking on the role of legal advisor. In the early 1980s, the organization fell out with the sport's governing body – the FISA. The eventual resolution of this conflict saw E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morgan Grenfell Private Equity
Morgan, Grenfell & Co. was a leading London-based investment bank regarded as one of the oldest and once most influential British merchant banks. It had its origins in a merchant banking business commenced by George Peabody. Junius Spencer Morgan became a partner in 1854. After Peabody retired the business was styled J. S. Morgan & Co. In 1910, it was reconstituted as Morgan Grenfell & Co. in recognition of the senior London-based partner, Edward Grenfell, although J. P. Morgan & Co. still held a controlling interest. In the 1930s, it became a commercial bank and the Morgan family relinquished their controlling interest in the business. After a period of retrenchment, it expanded under the management of second Viscount Harcourt in the 1960s. The link with J. P. Morgan & Co. ended completely in the 1980s. The business also became embroiled in the Guinness share-trading fraud at that time. In 1990, Morgan Grenfell was acquired in an agreed deal by its minority shareholder, Deutsche ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Sportsworld Communicators
North One Sports, formally known as International Sportsworld Communicators, is a United Kingdom based company which owned the commercial rights to the World Rally Championship between 1996 and 2012. History Bernie Ecclestone founded ISC in July 1982.www.ukdata.com Retrieved 20 May 2006 In 1996 ISC signed a 14-year agreement with the for the exclusive broadcasting rights for 18 FIA championships. In 1999, the investigated FIA, ISC and [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flotation (shares)
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renault In Formula One
The French automotive manufacturer Renault has been associated with Formula One as both team owner and engine manufacturer for various periods since 1977. In 1977, the company entered Formula One as a constructor, introducing the turbo engine to Formula One with its EF1 engine. In 1983, Renault began supplying engines to other teams. Although the Renault team had won races, it withdrew at the end of . Renault engines continued to be raced until 1986. Renault returned to Formula One in 1989 as an engine manufacturer. It won five drivers' titles and six constructors' titles between 1992 and 1997 with Williams and Benetton, before ending its works involvement after 1997, though their engines continued to be used without works backing until 2000. In 2000, Renault acquired the Enstone-based Benetton Formula team (formerly Toleman). Renault became a works engine manufacturer again in 2001, and in 2002 the Enstone-based team was re-branded as Renault. The team won the drivers' and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scuderia Ferrari
Scuderia Ferrari Società per Azioni, S.p.A. () is the racing division of luxury Italian auto manufacturer Ferrari and the racing team that competes in Formula One racing. The team is also known by the nickname "The Prancing Horse", in reference to their logo. It is the oldest surviving and List of Formula One Grand Prix winners (constructors), most successful Formula One team, having competed in every world championship since the 1950 Formula One season. The team was founded by Enzo Ferrari, initially to race cars produced by Alfa Romeo. However, by 1947 Ferrari had begun building its own cars. Among its important achievements outside Formula One are winning the World Sportscar Championship, 24 Hours of Le Mans, 24 Hours of Spa, 24 Hours of Daytona, 12 Hours of Sebring, Bathurst 12 Hour, races for Grand tourer cars and racing on road courses of the Targa Florio, the Mille Miglia and the Carrera Panamericana. The team is also known for its passionate support base, known as the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tyrrell Racing
The Tyrrell Racing Organisation was an auto racing team and Formula One constructor founded by Ken Tyrrell (1924–2001) which started racing in 1958 and started building its own cars in 1970. The team experienced its greatest success in the early 1970s, when it won three Drivers' Championships and one Constructors' Championship with Jackie Stewart. The team never reached such heights again, although it continued to win races through the 1970s and into the early 1980s, taking the final win for the Ford Cosworth DFV engine at Detroit in 1983. The team was bought by British American Tobacco in 1997 and completed its final season as Tyrrell in 1998. Tyrrell's legacy continues in Formula One as the Mercedes-AMG F1 team, who is Tyrrell's descendant through various sales and rebrandings via BAR, Honda and Brawn GP. Lower formulae (1958–1967) Tyrrell Racing first came into being in 1958, running Formula Three cars for Ken Tyrrell and local stars. Realising he was not racing dri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Williams Grand Prix Engineering
Williams Grand Prix Engineering Limited, currently racing in Formula One as Williams Racing, is a British Formula One motor racing team and constructor. It was founded by former team owner Frank Williams and automotive engineer Patrick Head. The team was formed in after Frank Williams' earlier unsuccessful F1 operation: Frank Williams Racing Cars (which later became Wolf–Williams Racing in 1976). All of Williams F1 chassis are called "FW" then a number, the FW being the initials of team co-founder and original owner, Frank Williams. The team's first race was the 1977 Spanish Grand Prix, where the new team ran a March chassis for Patrick Nève. Williams started manufacturing its own cars the following year, and Switzerland's Clay Regazzoni won Williams' first race at the 1979 British Grand Prix. At the 1997 British Grand Prix, Canadian Jacques Villeneuve scored the team's 100th race victory, making Williams one of only four teams in Formula One, alongside Ferrari, fell ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
McLaren
McLaren Racing Limited is a British motor racing team based at the McLaren Technology Centre in Woking, Surrey, England. McLaren is best known as a Formula One constructor, the second oldest active team, and the second most successful Formula One team after Ferrari, having won races, 12 Drivers' Championships and 8 Constructors' Championships. McLaren also has a history of competing in American open wheel racing, as both an entrant and a chassis constructor, and has won the Canadian-American Challenge Cup (Can-Am) sports car racing championship. The team is a subsidiary of the McLaren Group, which owns a majority of the team. Founded in 1963 by New Zealander Bruce McLaren, the team won its first Grand Prix at the 1968 Belgian Grand Prix, but their greatest initial success was in Can-Am, which they dominated from 1967 to 1971. Further American triumph followed, with Indianapolis 500 wins in McLaren cars for Mark Donohue in 1972 and Johnny Rutherford in 1974 and 1976. Af ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Formula One Promotions And Administration
The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship, and the exercising of the sport's commercial rights. The Group was previously owned by Delta Topco, a Jersey-based company owned primarily by investment companies CVC Capital Partners, Waddell & Reed, and LBI Group, with the remaining ownership split between Bernie Ecclestone, other investment companies, and company directors. It was bought by Liberty Media in 2017. Ecclestone, a former Formula One team boss, spent 40 years as chief executive of the company after gaining control of the commercial rights. , the group is run by Stefano Domenicali as president and chief executive officer. Ross Brawn is managing director of motor sports, and Chase Carey, who previously ran the group from 2017 to 2020, is non-executive chairman. History In 1974, the Formula One Constructors' Association (FOCA) was founded in order to increase commercial organisation of Formula ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
