LONDON: The owners of Formula One motor racing are considering a partial flotation of the business in Asia, an option also explored by English soccer champions Manchester United, to tap demand in the region for strong sporting brands.
A flotation of Formula One (F1), which draws more than half a billion TV viewers for its races, has long been mooted, but the issue is made more urgent by the expiry this year of a confidential commercial agreement between the rights holding company and the teams whose cars compete in the 20-race series. Full story
