Investment Scheme
Wilson struggled to raise the money needed to get a Formula One seat with the Minardi team in 2003, so his management team came up with the idea of selling shares in him to the public to raise the £1.2 million needed. The scheme was supported by television commentator Murray Walker amongst others and ended up being oversubscribed. There are nearly 900 shareholders, each of whom invested a minimum of £500. Justin is presently managed by former Grand Prix driver Jonathan Palmer.
Read more about this topic: Justin Wilson (racing Driver)
Famous quotes containing the words investment and/or scheme:
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)
“We hold these truths to be self-evident:
That ostracism, both political and moral, has
Its place in the twentieth-century scheme of things....”
—John Ashbery (b. 1927)