The Week: People news - Ad men scoop stake in F1

Sir Martin Sorrell, the chief executive of WPP, and Peter Brabeck, the chief executive of Nestle, have both taken a stake in the holding company of Formula One, Delta Topoco.

The company issued 90.7 million new shares in 2008, bringing its total shares to one billion. Sorrell and Brabeck are now believed to have a 0.3 per cent stake in the company.

Topics

Market Reports

Get unprecedented new-business intelligence with access to ±±¾©Èü³µpk10’s new Market Reports.

Find out more

Enjoying ±±¾©Èü³µpk10’s content?

 Get unlimited access to ±±¾©Èü³µpk10’s premium content for your whole company with a corporate licence.

Upgrade access

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an alert now

Partner content