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Russian billionaire backs WRC promoter
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Posted by JohnA [Email] (#426) [Profile/Gallery] (more from JohnA) on Fri, 18 Feb 2011 08:32:40 Share Post by Email
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News
18th February 2011
By Giles Wade

The promoter of the World Rally Championship – North One Sport – is reported to have secured its future with a massive cash injection from Russian billionaire Vladimir Antonov.

British magazine Autosport reported the deal yesterday, with Citroen team principal Olivier Quesnel praising the agreement and its potential to ensure the future promotion of the sport.

Quesnel told Autosport: “My feeling with [North One Sport parent company] North [One] TV [is that] we were not too far from the end, because they don’t have any money for investment. We have been speaking for three years for nothing, so now the Russian guys came. He seems to have some money and a plan. He is going to invest and I’m pretty sure FIA president Jean Todt ask a lot of guarantee [from the investor]. I think we should be okay for the next three or four years. I think we start from nothing because we didn’t do anything.”

Antonov is reported to have close ties with Saab – a manufacturer known to be close to his heart – and his investment in the WRC is said to ensure the arrival of the Spyker-owned manufacturer. Quesnel added that the new car firms coming to the WRC was all good news.

Quesnel added: “Mini is coming, Volkswagen is coming, it seems Saab is coming, so, at the end, each year we say: “Next year it will be okay…” And finally, I think in 2013 everything will be in order.”

Russian billionaire backs WRC promoter

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