What F1 can learn from Manchester United
There are significant similarities between Formula 1 and the fall from grace of top football team Manchester United, as DIETER RENCKEN explains
The passing last week of an 85-year-old American watch-tinkerer-turned-investor is unlikely to have registered on the radars of most Formula 1 fans unless their sporting interests are split between two teams of eleven players knocking about a ball, and eleven racing teams, each entering two drivers.
However, perusal of obituaries published in the wake of the death of Malcolm Glazer (d. May 28, 2014), president of First Allied Corporation and owner of various sports properties - including Manchester United - provides a fascinating study in parallels between the approach adopted by the club and that of CVC Capital Partners, holder of F1's commercial rights lease via Formula One Management.
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