A powerful Singaporean government investor is being courted to buy a stake in Formula One (F1) motor racing by the sport’s current owners, I can reveal.
Temasek Holdings, which is one of the Asian city-state’s principal sovereign wealth funds, has been approached by CVC Capital Partners about the sale of a minority stake in F1 ahead of a prospective stock market listing in Singapore.
Talks are expected to take place between CVC and Temasek in the coming days,...Full story
