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formula one

FB Roundup: Dietrich Mateschitz, Bernard Arnault, Sir Richard Branson

October 24, 2022

In this week’s FB Roundup, tributes are paid to billionaire Red Bull co-founder Dietrich Mateschitz; Bernard Arnault sells his private jet to avoid climate activists tracking him; and Sir Richard Branson is invited to take part in a Singapore death penalty debate.

Tributes paid to billionaire Red Bull co-founder Dietrich Mateschitz
Austrian President Alexander Van der Bellen has led tributes to Red Bull co-founder Dietrich Mateschitz, who has passed away aged 78 after a long battle with cancer.

Austria's richest person with a fortune estimated by Forbes at $27.4 billion, the entrepreneur built the energy drink into one of the most recognisable brands in the world with influence across the worlds of sport and culture.

FB ROUNDUP: Tamara Ecclestone, Jack Ma, Yang Huiyan

August 1, 2022

In this week’s FB Roundup, Bernie Ecclestone's daughter offers a $7.2 million reward for stolen jewellery; tech tycoon Jack Ma plans to transfer control of the fintech giant Ant Group; and Yang Huiyan, Asia's richest woman, loses half her wealth in China's property crisis.

Bernie Ecclestone's daughter offering $7.2 million reward for stolen jewellery
Tamara Ecclestone, the daughter of British billionaire and ex-Formula One boss Bernie Ecclestone, has made a public offer of up to $7.2 million for information leading to the recovery of jewellery worth more than $31 million.

FB Roundup: Inditex, Gucci, Williams Racing

December 6, 2021

Zara owner Inditex names Ortega heiress as chairwoman, Gucci heirs fire back at “hooligan” portrayal in House of Gucci, Formula One pioneer Sir Frank Williams’s legacy remembered.

Zara owner Inditex names Ortega heiress as chairwoman

Marta Ortega Perez, youngest daughter of billionaire Inditex founder Amancio Ortega, says she will build upon her parents’ legacy and balance innovation and heritage as she prepares to head the world’s largest apparel retailer.

FB Roundup: Dyson, Sofina, Kering

April 16, 2020

Dyson ventilators ready for regulatory green light, Latifi passion invests in son’s Formula One team, Kering’s Pinault and Michael Dell cut salaries.

Dyson ventilators ready for regulatory green light

Family owned engineering firm Dyson says it is ready to make 10,000 ventilators to aid Covid-19 patients as soon as the device is approved by regulators.

British inventor Sir James Dyson (pictured) and his team brought their experience in innovating vacuum cleaners, air purifiers and fans to design and build the prototype CoVent with the Technology Partnership, a Cambridge-based firm.

Germany’s largest family business considering potential of Formula One entry

December 5, 2014

Volkswagen Group, the world's second biggest carmaker and Germany’s largest family business, is mulling an entry into Formula One, sources say.

Volkswagen Group, the world's second biggest carmaker and Germany’s largest family business, is mulling an entry into Formula One, sources say.

Last month its rival, fellow German carmaker Mercedes, took out the championship at the Abu Dhabi Grand Prix, with its drivers Lewis Hamilton and Nico Rosberg taking out first and second place respectively for the season, which runs from March until November.

Claire Williams: Moving up the grid at Williams F1

July 24, 2014

Williams F1 and its founder, Sir Frank Williams, have become icons of British motorsport, but now his daughter is on track to take the wheel.

This is an edited version of a profile that originally appeared in the Spring 2014 edition of CampdenFB.

Motorsport and sustainability might not seem likely bedfellows, but this year Formula One is going greener than it’s ever been before. Claire Williams, whose upbringing was steeped in Formula One history and who was last year appointed deputy head of the Williams F1 team, says the motor-racing championship needs to change with the times.

India’s F1 team gets family business support

October 14, 2011

One way family businesses can gain a strong international foothold is to expand globally. But Sahara India Pariwar, whose tagline reads “World’s Largest Family”, has taken a different approach – it is driving into international limelight by investing in one of the world’s most-followed sporting events.

The Sahara Group, headed by Subrata Roy Sahara, has bought a 42.5% stake in Force India, the country’s representative in car-racing event F1.

Next gens aim for Formula One glory

May 4, 2011

When it comes to next generation business leaders, it doesn’t get much more heavyweight than John Elkann and James Murdoch.

Elkann, scion of one of Europe’s best known business dynasties, chairman of Fiat and chief executive of the Agnelli family investment company Exor, as well as Campden FB’s top family business leader, is one of the most watched business leaders anywhere.