F1 aims to get cornerstone bid this weekend, ahead of IPO

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F1 aims to get cornerstone bid this weekend, ahead of IPO

Formula One has been holding key discussions with large investors that it wants to make cornerstone commitments ahead of its $2bn-$3bn Singapore IPO, and wants to finalise demand from some of these investors over the weekend. That could help the company save its deal amid an otherwise depressing market environment, writes Louisa Burwood-Taylor.

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