Saturday, 21 May 2011
Meanwhile in the real world
While F1 is chattering about Fernando Alonso’s new five-year deal with Scuderia Ferrari, Ferrari’s parent company Fiat has been busy. buying an additional 16 percent of Chrysler for $1.27 billion. This means that the Italian company now owns 46 percent of the US business. Fiat can add a further five percent, giving it outright control, [...]
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