Filed under: Motorsports, Hirings/Firings/Layoffs, Earnings/Financials
Sheikh-up in A1 GP ownership
The A1 Grand Prix World Cup of Motorsport is in the process of being sold to a consortium of investment firms. Sheikh Maktoum Hasher Maktoum Al Maktoum, literally the biggest name in racing and the founder of the series, is selling all his stock in A1GP for an as-yet undisclosed cash (yes, we said cash) sum.
Maktoum will step down as head of A1GP and a new chairman and director will be named, after which the Maktoum will be focusing his attention on his "other business interests".
The announcement comes at the start of A1GP's second season, currently kicking off at the historic Zandvoort track in Holland. The multi-million dollar transaction will be completed within a month's time, in advance of an anticipated IPO.
The it's-a-small-world-afterall racing series was Maktoum's brainchild, but his departure is expected to help the series grow from a fledgling start-up to a permanent part of international motorsports.
[Source: A1GP.com]
Reader Comments (Page 1 of 1)
UK-KID 7:34PM (10/01/2006)
Amen to that
It is said that "IGNORANCE BREEDS FEAR" and that is evident in the comments posted on this site
Greg
Last time i told-off a Racist Poster on this site i had my comments removed and yet the original Racist comment was left untouched.
Topic was (Eyeless driver Arrested In The UK) and the Racist Comment was NO 11 & Posted by a MarcoEQ
you can still find the topic on the "Most Commented On" section
IM VERY DISSAPOINTED WITH THE ENCOURAGEMENT OF THIS SITE OF RACIST COMMENTS (LACK OF ACTION TO STEM THIS IS ENCOURAGEMENT)
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UK-KID 7:35PM (10/01/2006)
Wierd, My previous Comments to Greg have Mysteriously not Appeared
* Strokes Chin *
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PJ 4:38AM (10/02/2006)
Might also help to ditch the unconscionable stupidity.
I'll let you in on a little secret: not everyone who wears turbans are "those people," if you're thinking about Osama. The guy pictured above graduated with honors from Suffolk University in Boston, Massachusetts.
You may also want to look up "Sikh" sometime.
(rolls eyes)
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MJ 7:15AM (10/02/2006)
Dear Greg,
Complete misconception.
If that guy in the pic up there seems like an enemy to your culture, then I'd wonder where his passion for motor racing culture came...I'd say Nascar and Indy!
And btw, drop by Dubai sometime and you will feel better!
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Trollhouse Cookie 4:26PM (10/02/2006)
"You may also want to look up "Sikh" sometime."
...............
Yes, "Sikh and ye shall find!"
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MacroEQ 12:29PM (10/04/2006)
UK-KID. You should read what people write before making comments about them.
I wrote (and I quote):
"11. Apparently the police officer asked the driver whether he was blind.... the driver took off his sunglasses to which he replied "yes" and the police officer to his surprise saw that the man "had no eyes" - scary.
Being in the UK though, he will probably be given a Knighthood and not deported back to Iraq (where he came from) and will be given the keys to the city.
Posted at 8:06AM on Sep 7th 2006 by MacroEQ"
My comment was in reference to the well publicised scandals in UK immigration policy and law & order. It was not related to race and therefore not racist.
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