Formula One IPO

Formula One gets $1.6 billion pre-IPO investment from three investors

CVC has reduced its stake in Formula One to about 42% ahead of today’s launch of investor education for a Singapore IPO that is set to raise between $2.5 billion and $3 billion, sources say.

<div style="text-align: left;"> The slowest corner in Formula One, by the Fairmont Hotel in Monaco, venue for this weekend's race </div>

Anette Jönsson

May 22, 2012

As the Formula One drivers and teams prepare for Sunday’s race in Monaco —the most prestigious of the 20 races that make up this year’s F1 World Championship and an annual stop for the F1 circus since 1955 — the company behind the races is gearing up for its own challenge. Sources say investor education for its Singapore initial public offering is due to start today.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.