News Details
Alonso joins forces with sports investment firm
Fernando Alonso
Two-time Formula One world champion Fernando Alonso has ‘joined forces' with Novo, a sport investment management firm, amid longstanding and continuing speculation that he is poised to start a professional cycling team.
A statement from Novo, which was founded last year, said that the new venture will ‘acquire a portfolio of assets whose growth they can help to accelerate'. No further details on what those assets might be were made public in the Novostatement announcing the news on Wednesday.
Novodescribes itself as existing to ‘develop, acquire and manage a portfolio of assets in sport for its shareholders and investment partners’.
Ferrari driver Alonso,...
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11y ago from GrandPrix247.com
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