Over the first nine months of this year Formula One auto racing made net losses of $160 million and although it was widely reported that this was fuelled by recent investment in the series, in fact it was driven by a much more fundamental factor than that. Colorado-based investment firm Liberty [...]
from Forbes Real Time https://www.forbes.com/sites/csylt/2017/12/03/the-real-reason-for-formula-ones-high-octane-losses/
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