Quote:
Originally Posted by GTRMagic
62.5% Of Walkinshaw Racing Sold For $4.5m
Quite why Mr Phelps thinks that money will be pushed back to the team to increase resources is beyond me. It's Mr Walkinshaw's payday.
If the ownership split is correct in the article, the new shareholding of Walkinshaw Andretti United Racing appears to be:
- Walkinshaw 37.5%
- Andretti 37.5%
- United 25%
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Incredibly cheap isn't it. Values the business at only 7.2mm AUD!!