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How to Own Formula One Stock ?– IPO in offing !!

If you are also one of those who has a desire to hold the stock of Formula One (high-speed motor racing tour.) than just wait for some time as Formula One IPO may get listed at Singapore.

Banks UBS and Goldman Sachs are likely to advise for the initial public offering and business is considered equivalent to $10 billion (6 billion pounds). CVC Capital Partners which is owning 63.4 percent of the business since 2006 is now planning to milk the cash cow. as they want to bring their stake to 50 percent.

This is also going to be an awaited IPO like Facebook IPO which is largest IPO for the internet entrepreneur.

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