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22 Mar 2019, 11:06 (Ref:3892694) | #1 | ||
Race Official
1% Club
Join Date: Dec 2002
Posts: 46,695
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Wanna Buy A Share In A Race Team?
AA reports this week that Tickford Racing is looking to source a replacement co-owner, with Mr French said to be looking to exit his shareholding.
The story direct quotes Mr Nash, so unlikely to be a stalking horse story.. maybe.. Options outlined appear to include a full sale or part sale to the existing ownership/management group, or others.. Article also directly references allegations that Tickford Racing is/was/may have been struggling with commercial sponsorship levels. Presumably the rumoured level of annual top up of the operating budget for the racing operation might form a part of the challenge in investigating possibly taking up an equity position in that team Presuming any of this actually happened |
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