Stake

2024 - 2 - 6

Latest Developments in the Racing World: Sauber's Transition to Stake F1 Team

Sauber transitions to Stake F1 Team with new car reveals and potential stake sales in focus. Learn more about the exciting changes in the racing industry.

Sauber, now operating as Stake F1 Team following Alfa Romeo's departure, has been making waves in the racing world. The transition has raised concerns about gambling promotion due to the team's new name. Stake F1 unveiled their 2024 contender, the C44, in London, kicking off their new era in style.

Meanwhile, Telkom Indonesia is contemplating selling a stake in its data center business, adding more intrigue to the industry landscape. On the entertainment front, Mubi acquired a majority stake in European distributor Cinéart, expanding its reach in the arthouse film market.

Chinese conglomerate Fosun International is exploring the sale of a minority stake in Club Med, aiming for an $800 million valuation. Stake's foothold in F1, marked by lavish launches and design changes, showcases the team's ambition for success in the competitive racing scene.

Turning to the individuals and organizations involved, Ed Craven, co-founder of Stake, highlighted F1's commercial strength at the London launch event. Additionally, the Stake Sauber team, with its innovative dual-naming strategy, is making headlines for its unique approach to the 2024 season.

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Image courtesy of "Motorsport.com, Edition: Global"

Sauber won't use Stake name at every F1 race (Motorsport.com, Edition: Global)

With Alfa Romeo now gone, Sauber is running under the Stake F1 Team name this year, so the issue with gambling promotion will be even more apparent at those ...

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Image courtesy of "Sports Illustrated"

Stake F1 In Hot Water As Casino Commission Opens Legal ... (Sports Illustrated)

The Swiss racing team Sauber, now known as Stake F1 team, recently introduced their 2024 contender, the C44, in London, marking the beginning of their ...

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Image courtesy of "Reuters"

Telkom Indonesia looking to sell stake in data centre business, to ... (Reuters)

Indonesia's state-owned communication giant Telkom Indonesia is considering selling a stake in its data centre business and is expected to finish the ...

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Image courtesy of "Hollywood Reporter"

Mubi Nabs Majority Stake in European Indie Distributor Cineart (Hollywood Reporter)

The arthouse streaming platform recently partnered with the Benelux company on releasing Sofia Coppola's latest film 'Priscilla' locally.

China's Fosun explores sale of minority stake in $800 mln Club Med ... (Reuters)

Chinese conglomerate Fosun International is exploring the sale of a minority stake in its luxury resort chain Club Med, targeting a valuation of $800 ...

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Image courtesy of "RacingNews365"

Champagne, canapés...and Marmite as Stake nets F1 foothold (RacingNews365)

It was a throwback to the halcyon days of team launches - a dramatic setting, champagne, canapés, and the reveal of a car that had people talking.

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Image courtesy of "The Athletic"

New name, new goals: Moving toward its next era, Stake bids to stop ... (The Athletic)

But under its new guise, Stake F1 Team — the Sauber-run team formerly known as Alfa Romeo — wanted its launch to be all about contrasts. Advertisement.

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Image courtesy of "Screen International"

Mubi acquires majority stake in Benelux distributor Cinéart (Screen International)

Mubi has acquired a majority stake in Amsterstam and Brussels-based distributor Cinéart. Led by Marc Smit and Stephan De Potter, Cinéart focuses on ...

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Image courtesy of "Variety"

Mubi Buys Benelux Indie Distributor Cinéart (Variety)

Mubi has continued its expansion as a theatrical distributor with the purchase of a majority stake in European banner Cinéart.

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Image courtesy of "DatacenterDynamics"

Telkom Indonesia could sell stake in data center business (DatacenterDynamics)

The company is currently selecting financial advisors for the sale and expects it to be complete before the end of the year. Telkom Indonesia - neuCentrIX ...

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Image courtesy of "WPLG Local 10"

Broward Sheriff Gregory Tony's police certification at stake in hearing (WPLG Local 10)

An administrative hearing in Tallahassee Tuesday could ultimately determine if Broward County Sheriff Gregory Tony will be allowed to keep his police ...

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Image courtesy of "Princeton Athletics"

Ivy Title at Stake as No. 2 Princeton to Host No. 1 Penn in Final Day ... (Princeton Athletics)

The final day of dual matches in Jadwin Gym is set for Saturday, and when the No. 2-ranked Tiger men host No. 1 Penn at noon, it'll be for an Ivy League ...

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Image courtesy of "EGR Global"

Stake co-founder champions strength of F1 as Sauber launches new ... (EGR Global)

Stake co-founder Ed Craven has praised the commercial strength of F1 at a lavish ceremony held at London's historic Guildhall as the operator unveiled the ...

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Image courtesy of "PlanetF1"

Huge design changes revealed as James Key brings McLaren ... (PlanetF1)

Stake F1 rhave evealed a completely new car, one that adopts the front pull-rod suspension layout favoured by Red Bull and McLaren.

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Image courtesy of "SportsByte"

F1 Launch Season 2024: Stake launch their C44 (SportsByte)

In an online launch on their streaming platform, Kick, Stake (Sauber) launched their 2024 challenger, the c44. In their first season away from Alfa Romeo ...

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Image courtesy of "Reuters"

Blackstone exploring stake sale in telecom networks company ... (Reuters)

U.S. private equity giant Blackstone is exploring the sale of its stake in French telecom infrastructure provider Sipartech, according to two sources with ...

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Image courtesy of "Institutional Investor"

Third Point Takes Large Stake in Alphabet (Again) (Institutional Investor)

After unloading most of its position in Google's parent last year, Dan Loeb's hedge fund has returned to the stock.

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Image courtesy of "SmartCompany.com.au"

Stake, Airwallex emerge as Australian leaders in the Formula 1 ... (SmartCompany.com.au)

Crypto gambling platform Stake is now naming sponsor for the Sauber team, and Airwallex has signed a multi-year deal with McLaren.

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Image courtesy of "Jalopnik"

Stake F1 Team Isn't Legally Allowed To Be Called That In Team's ... (Jalopnik)

The Stake F1 Team, operated by Sauber Motorsport out of Hinwil, Zürich, Switzerland, is facing some legal trouble regarding its 2024 title sponsor.

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Image courtesy of "Casino.Org News"

F1's Sauber to Race Under Two Names to Swerve Stake.com ... (Casino.Org News)

Formula One racing team Sauber will be known as Stake or Kick to appease regulators, according to Alessandro Bravi.

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Image courtesy of "Yahoo Finance"

With 30% stake, Security National Financial Corporation (NASDAQ ... (Yahoo Finance)

Key Insights Significantly high institutional ownership implies Security National Financial's stock price is sensitive...

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Image courtesy of "Reuters"

Sino Biopharmaceutical to divest 67% stake in unit CP Qingdao for ... (Reuters)

Hong Kong-listed Sino Biopharmaceutical will sell a 67% stake in unit CP Pharmaceutical (Qingdao) for 1.82 billion yuan ($253.28 million) to entities ...

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Image courtesy of "ETTelecom.com"

Blackstone exploring stake sale in telecom networks company ... (ETTelecom.com)

Blackstone is looking to hire advisers for a sale of its 49.9% stake in the company, which could value Sipartech at up to 1 billion euros ($1.08 billion), ...

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Image courtesy of "GrandPx"

The secret behind Sauber's 2024 name game: Stake or Kick? (GrandPx)

Sauber's innovative approach to its 2024 Formula 1 season identity has sparked attention, with the team unveiling a dual-naming strategy that navigates the ...

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Image courtesy of "RacingNews365"

The key elements that take Stake Sauber closer to Red Bull (RacingNews365)

Unveiling the Stake Sauber C44 at a glittering event in London, the engineers at Hinwil have undertaken a complete revamp of their car's design philosophy ...

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