f1

Waddell & Reed invests another $500 million in Formula One

CVC Capital Partners reduces its stake in the company behind the Formula One race series through another negotiated placement and cancels plans for a Singapore IPO at this time.

June 18, 2012

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.

May 21, 2012

Four more banks mandated for Formula One IPO

Morgan Stanley joins Goldman Sachs and UBS as joint global coordinators for Formula One's Singapore IPO, while CIMB, DBS and Santander are given bookrunner roles.

April 24, 2012