F1 shareholder goes broke
Lehman Brithers crash

Sep.15 (GMM) Formula one shareholder Lehman Brothers has filed for bankruptcy, proving that the sport is not immune to the current global financial crisis.

With 16.8 per cent, the New York-based investment bank is F1's second largest shareholder, behind CVC.


Written: Mon, 15 Sep 2008 11:56:38

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