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Formula One Teams Discuss Possibility of Taking Stake, Independent Reports

By Ben Martin - Jun 26, 2011

Formula One racing teams are considering acquiring a stake in the business, the Independent on Sunday reported, citing Adam Parr, chairman of the Williams team.

The racing teams have talked about the possibility of making a collective bid and discussions are at an early stage, the newspaper reported Parr as saying.

-- Editor: Anthony Aarons

To contact the reporter on this story: Ben Martin in London at bmartin38@bloomberg.net.

To contact the editor responsible for this story: Paul Armstrong at Parmstrong10@bloomberg.net.

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