CVC
Date:
27 March 2006
Company:
Formula One (Alpha Prema)
Title:
CVC completes Formula One transaction

CVC completes Formula One transaction

CVC is pleased to announce that Alpha Prema UK Limited (“Alpha Prema”) has now completed its acquisition of the Formula One Group.

Alpha Prema is a newly incorporated company through which funds managed or advised by CVC Capital Partners Group ("CVC") are making their investment in Formula One.

Donald Mackenzie, from CVC, commented: “We are pleased that we have now completed our investment in Formula One, and look forward to working with Bernie Ecclestone and his team to further develop and grow the business”.