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
The striking change in Pedro Acosta’s mindset and...
No description available...
41m ago from Motorsport.com
Marc Marquez reveals how ‘different riding styles’...
Marc Marquez believes his “different riding style” to brother Alex...
31m ago from MotorsportWeek.c...
What is going on with Francesco Bagnaia in MotoGP?
No description available...
1d ago from Motorsport.com
Jorge Martin explains contrast between his MotoGP...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
Christian Lundgaard calls first McLaren season a...
No description available...
16h ago from Motorsport.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
1w 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
Sebastian Ogier wants WRC title by “winning...
No description available...
1w ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Didi Hamann says only 2 teams can challenge champions...
Former Liverpool midfielder Dietmar Hamann believes Arsenal and Chelsea...
2h ago from SportsKeeda.com
A good night for the international Gunners
Morning. It was a productive night for some Arsenal players in action for...
3h ago from Arseblog.com
“Just cash in and sell him” - Martin Odegaard...
Arsenal captain Martin Odegaard has revealed that he would opt to sell...
16h ago from SportsKeeda.com
Report: Crystal Palace have agreement in place to land...
Crystal Palace are set to sign Dan Casey from Arsenal. According to a...
13h ago from CaughtOffside.com
Comments
Hottest News
Newey believes new car ‘will be the best' –...
Sep.10 Fernando Alonso says the arrival of... Read More »
1h ago from OneStopStrategy.com
Audi sign multi-year deal with major brand ahead of F1 debut
Audi is preparing for its F1 debut next year when... Read More »
1h ago from RacingNews365.com
What turned Red Bull and Verstappen into winners again?
Red Bull’s unexpected return to winning ways at... Read More »
51m ago from GrandPrix247.com
