Motor racing-Former Red Bull boss Horner working with private equity investor Oakley | Sports-Games
- Former Red Bull boss Christian Horner is partnering with private equity firm Oakley Capital to support its sports portfolio. Oakley Capital founder Peter Dubens said Horner's "track record, expertise and commercial instinct will be invaluable" for scaling investments.
- Last year, Horner departed Red Bull amid performance-related issues, concluding a tenure marked by eight drivers' world championships. He recently completed "gardening leave," clearing him to return to Formula One.
- Oakley Capital invests in European businesses with enterprise values between 100 million and more than 1 billion. Its sports portfolio includes high-performance padel racket maker NOX, Vice Golf, and Ben Ainslie's British America's Cup "Challenger of Record" GB1.
- Separately, Horner is "in talks" regarding a return to Formula One, potentially leading a new team backed by Chinese automotive giant BYD. He recently met BYD Executive Vice President Stella in Cannes to discuss the partnership.
- Welcoming Chinese interest in the sport, FIA President Mohammed Ben Sulayem told Reuters he believes a manufacturer team would bring substantial commercial benefits. He noted, "They see that the impact of motorsport is good for them.
14 Articles
14 Articles
According to press reports, former Red Bull team boss Christian Horner is in talks about a new project that could completely upend the future of Formula 1.
Image ID: /clip/ecf91230-7802-4a51-a3d9-834b3e518452_media-libre-aspect-ratio_default_0.jpg BYD is one of the most weighty Chinese automotive groups on the international scene. After overtaking Tesla in global sales of electric vehicles, BYD has a presence throughout the globe, excluding as major markets the United States, where only passenger and industrial transport vehicles are traded.Keep reading....
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Christian Horner is "in talks" over a return to Formula 1 with the chance to lead a new Chinese F1 team.
Motor racing-Former Red Bull boss Horner working with private equity investor Oakley | Sports-Games
"We are increasingly drawn to businesses in this space that share the hallmarks of a typical Oakley investment: founder-led, high-growth and supported by resilient revenues, or under-commercialised ‘scarce’ assets with significant untapped potential." ALPINE FORMULA ONE STAKE AND BYD Horner, who left Red Bull with a reported £80 million ($107.58 million) payoff, has been linked to a 24% stake in the Alpine Formula One team held by investors l…
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