Private equity firm CVC has been praised for the turbo-charged return on its investment in Formula One auto racing. However if the sale of F1 to Liberty Media Group gets the green light from regulators it could prove to be one of the worst exits in CVC’s history as it stands to get at most $354 million in cash for its controlling stake.
Private equity firm CVC has been praised for the turbo-charged return on its investment in Formula One auto racing. However if the sale of F1 to Liberty Media Group gets the green light from regulators it could prove to be one of the worst exits in CVC’s history as it stands to get at most $354 million in cash for its controlling stake.
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