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Joined
Jun 9, 2006
Messages
231
<div class='quotetop'>QUOTE <div class='quotemain'>MotoGP: CVC Sell Shares To Bridgepoint
Dorna Get New 'Partner'
by toby hirst
Thursday, July 20, 2006

Bridgepoint Capital Investments have won the bidding war to take control of the majority share of MotoGP. CVC Capital Partners relinquished its stake in the series after taking over as rights holder for the Formula 1 auto-racing series.


CVC is reported to have paid an estimated $72 million dollars to buy their 71% stake in 1998, but the asking price for their shares -- just seven years later -- is reported to have been in the region of $625 million dollars (500 million Euros).


That is an increase of nine fold in market value in seven years
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<div class='quotetop'>QUOTE (vespix @ Jul 20 2006, 05:20 PM) <{POST_SNAPBACK}><div class='quotemain'>That is an increase of nine fold in market value in seven years
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nice if you invested in it no doubt!!
 
Meanwhile, down on the ground, Luis D'antin and Herve Ponchiral are struggling to keep bikes on the grid. It`s a cruel world
 
<div class='quotetop'>QUOTE (richo @ Jul 20 2006, 08:33 PM) <{POST_SNAPBACK}><div class='quotemain'>Meanwhile, down on the ground, Luis D'antin and Herve Ponchiral are struggling to keep bikes on the grid. It`s a cruel world



Trust me, Luis D'antin has a TON of his own personal money. Its his choice not to invest in the team.
 
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