Monday, March 7, 2011

Williams forms alliance with Cyrte

Williams' move to float on the Frankfurt Stock Exchange has already delivered an extra boost for the Grove-based outfit, with the team forming a strategic alliance with a Dutch investment firm on the back of the move. Cyrte Investments has not only purchased five per cent of the shares that Williams floated this week, but the company also agreed a deal for both it and the F1 team to work together in the future. Frank Botman, CEO of Cyrte Investments, said: "This investment sees Cyrte and Williams create a strategic partnership in which we will assist the team to future develop its potential in all commercial aspects of its business

Source: http://www.iracing.com/inracingnews/formula-one-news/f1-formula-one-news/williams-forms-alliance-with-cyrte/

Ralph Dale Earnhardt Jr Carl Michael Edwards III William Clyde Elliott Jeffrey Michael Gordon Charles Robert Hamilton IV

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