Page 22 - OCEAN BLUE - SPRING 2015
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FROM THE CHAIRMAN
Ladies And Gentlemen,
Start Your Engines…
Grand Prix racing began in circuit speed of 328 km/hr and ranks
1906 and became the most right up there with Monza, Italy’s top
popular type international speed of 320 km/hr. The project began
race in the second half of in August 2014.
the twentieth century. Since then it has The renovation of the Mexican F1
become big business and its planned racetrack is the collaborative effort
return to Mexico City has got people of Tavo Hellmund and Alejandro
waiting with bated breath for the flag Soberon. Tavo Hellmund is a racing
to drop. aficionado with a talent for racetracks.
The Formula One Group is a group He is the creator and mastermind
of companies responsible for the of the United States Grand Prix in
promotion of the Formula One World Texas. It is the second time that he has
Championship and controls the brought a race to the F1. No one in F1’s
commercial rights to the sport. The history, except for Ecclestone, has been
Group is owned by Delta Topco, a responsible for getting more than one
Jersey–based company whose primary Grand Prix on the F1 roster.
investors are CVC Capital Partners, Soberon is the CEO of Grupo CIE the
Waddell & Reed, and LBI Group, world’s third largest live entertainment
with the remaining ownership split company, in Mexico, Colombia and
between Bernie Ecclestone and other Central America.
investment companies. Ecclestone is The reintegration of Mexico into the
the chief executive officer of the F1 F1 includes the backing of three team
Group and considered to be a primary members, one of whom is Carlos
authority on Formula One racing; as Slim Domit, son of the world’s second
such he is referred to by the sobriquet richest man, Carlos Slim Helú. Slim
“El Supremo.” Domit is a member of the Senate
El Supremo has guaranteed that the of the Fédération Internationale de
Mexican Grand Prix will return to l’Automobile (FIA). The others are
F1 in 2015 after 23 years of non- George Gonzalez, the chief executive
participation. Engines will be revving of CIE subsidiary Ocesa, and Federico
it up on November 1, at the refurbished Alaman, president of motorsports for
Rodriguez Brothers Racetrack. This Ocesa.
track is one of the fastest with a top
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