News Details
Lauda pips IAG to the finish line to win back Niki
Three-time Formula 1 world champion Niki Lauda has succeeded in his bid to buy back budget airline Niki. He founded the business in 2003, but sold his remaining stake to Air Berlin in 2011. Air Berlin itself subsequently collapsed in August last year, leaving Niki among the assets being sold off by administrators. Lauda's initial attempt to negotiate a deal were thwarted when courts ruled insolvency proceedings would be held in Germany. A provisional deal to sell Niki to British Airways parent IAG was agreed. However Lauda successfully appealed for the matter to be returned to Austrian jurisdiction. He submitted a bid before the new deadline, and creditors met on Monday evening to decide...
Full Story »
Full Story »
You May Also Be Interested In...
Lauda buys back airline he founded
Three times Formula 1 world champion and Mercedes F1 team chairman Niki...
7y ago from GrandPrix247.com
No place at Ferrari for Lauda – Marchionne
Sergio Marchionne says there is no place at the Italian team for former...
7y ago from ThisIsF1.com
Marchionne: No place at Ferrari for a prophet like...
Niki Lauda knows a thing or two about Ferrari and of late there have been...
7y ago from GrandPrix247.com
Brutally honest: Lauda quizzed by the F1 paddock
The three-time world champion answers questions from his peers about...
7y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin explains contrast between his MotoGP...
No description available...
6h ago from Motorsport.com
What is going on with Francesco Bagnaia in MotoGP?
No description available...
12h ago from Motorsport.com
How Max Verstappen and Lewis Hamilton are racing to...
No description available...
15h ago from Motorsport.com
Alex Márquez wins Catalan Grand Prix to end...
t;li>Marc Márquez’s winning streak ends at home grand prixAlex...
2d ago from TheGuardian.com
Popular On IndyCarToday.com
Christian Lundgaard calls first McLaren season a...
No description available...
4h ago from Motorsport.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
6d ago from MotorsportWeek.c...
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
6d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
1w ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
1w ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Crystal Palace have agreement in place to land...
Crystal Palace are set to sign Dan Casey from Arsenal. According to a...
1h ago from CaughtOffside.com
“Just cash in and sell him” - Martin Odegaard...
Arsenal captain Martin Odegaard has revealed that he would opt to sell...
4h ago from SportsKeeda.com
Report: Arsenal looking to land 24-year-old...
Real Madrid are interested in signing the VfB Stuttgart midfielder Angelo...
3h ago from CaughtOffside.com
Report: Man United preparing 40 million offer to sign...
Manchester United are interested in signing the Sporting CP defender Zeno...
6h ago from CaughtOffside.com
Comments
Hottest News
Secret to captivating Max Verstappen cooldown room moment...
The secret to a captivating cooldown room moment... Read More »
1h ago from GPFans.com
Max Verstappen race engineer 'embarrassed' over team radio...
Gianpiero Lambiase has playfully reminisced about... Read More »
2h ago from GPFans.com
The nightmare scenario that will see McLaren choose who...
McLaren have just set the precedent for the team... Read More »
4h ago from GPFans.com
