WWF buys F1!

In a controversial move the World Wrestling Entertainment (formely WWF) is buying the rights to F1! WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global … Read more

Breaking News: Monday 11th March 2013

This page will be updated throughout the day as news stories break. Follow @thejudge13 on twitter as each new story will be tweeted when posted.

Wolff appeals to shareholders

TJ13 reported recently that Daimler Benz has received heavy criticism from a number of its institutional investors for running a team in Formula 1. They object to racing in certain countries where human rights are not respected and further at the cost they see as diminishing shareholder value.

Toto Wolff speaks out in defence of the Stuttgart board. Whilst recognising that the views of shareholders should be considered he argues from a cost/value benefit the global car manufacturer will eventually benefit.

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