Monday, July 3, 2017

Investors Fuel Formula E With $70 Million Despite Its $110 Million Losses

Alejandro Agag, the chief executive of electric auto racing series Formula E, has revealed that it has received $68.2 million of investment since the start of 2016 despite its total net losses hitting $110.5 million due to high-octane start-up costs.

from Forbes Real Time http://www.forbes.com/sites/csylt/2017/07/04/investors-fuel-formula-e-with-70-million-despite-its-110-million-losses/
via IFTTT

No comments:

Post a Comment