The return of Michael Schumacher, Formula One’s most successful driver, has helped to make this year’s world championship one of the more eagerly anticipated in years. Formula One Administration, majority owned by CVC Capital Partners, controls the commercial exploitation and promotion of the sport. Chief executive Bernie Ecclestone continues to seek new audiences for F1, recently adding events in South Korea and Abu Dhabi to its calendar. The group holds £3.8 billion of debt. Revenue in the 12 months to December 2009 was £722m, a figure that does not include sales from the group’s operations overseas.
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