If you were one of the world's richest human beings, what kind of car would you own? The richest man in the world, Carlos Slim Helu (worth about $69 billion), drives himself to work in a Bentley Continental Flying Spur. MSRP: $300K.
You've probably heard the old saying that the best way to make a small fortune in Formula One racing is to start with a big fortune. The Telegraph in the UK is reporting that Rupert Murdoch's News Corp. may be looking to put that saying to the test, as the media empire is reportedly engaged in early talks to take over the popular global racing series. The talks reportedly also include Sauber sponsor Carlos Slim, who happens to be among the richest men in the world, and companies connected to at
The dream of having an American team in Formula One may be dead, but that doesn't mean our friends South of the Border can't take a stab at it. A couple of years ago, Mexican billionaire Carlos Slim was tied to potentially buying out Honda's F1 team when the Japanese automaker was preparing to withdraw from the sport. That deal never came to be, but the world's wealthiest man (having recently surpassed the likes of Bill Gates and Warren Buffett) appears to be moving in on the Sauber team.
Whatever the outcome of the standoff between the Formula One Teams Association and the FIA, it was clear from the get-go that F1 was to change dramatically. As it turned out, the two parties – the first representing the teams currently participating in the sport and the second its governing body – have apparently reconciled their differences.
Have you heard the one about the former F1 team that gets bought by the Mexican billionaire? Yeah, well, we heard it, too, and it's completely untrue. Not only has Carlos Slim has not bought Honda, but a spokesman makes clear that "There is no deal for the Honda team. There is neither agreement nor negotiations."
According to La Stampa, Honda F1 has a buyer: Mexican telecom billionaire Carlos Slim Helu. Reports claim he paid the single dollar Honda was asking. He trumped Force India F1 owner Vijay Mallya, who was suspected to want the Honda team only for its tech know-how, and Prodrive's Dave Richards.