UPDATE 1-Banks, carmakers aim to list Formula One

Newswire

(Adds detail, background, quote) FRANKFURT, Dec 19 (Reuters) - Formula One's carmakers and commercial rights holders said on Friday they had agreed on a new structure for the motor racing championship which would see it listed in the short to medium term. The carmakers, represented by their GPWC association and Formula One holding company SLEC, said in a joint statement the rights-holding banks, comprising BayernLB, JP Morgan and Lehman Brothers , would keep a majority in SLEC but the ...

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