• CaptDust@sh.itjust.works
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    1 year ago

    Stupid headline makes it sound like he sold his stake @ £1bn. The team was valued at 1bn, the shares sold were a minority fraction of shares and Stroll retains both majority ownership and control.

    • Sentau@feddit.de
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      1 year ago

      I think the use of valuation at the end helps salvage the meaning a little. Considering titles are supposed to be as short as possible, this was a good attempt

      • CaptDust@sh.itjust.works
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        1 year ago

        “Owner sells stake at valuation” can easily be “owner sells partial/minority/percentage of stake at valuation” they know what they were doing.