Behind the world of motorcycle racing lies a hidden world of high finance, and moves there have a potentially huge effect on the racing itself. A report in the Financial Times from earlier this week - spotted and reported by Bikesportnews - carries news of a financial transaction that could, potentially, have major implications for the two major two-wheeled racing series, MotoGP and World Superbikes.
According to the report in the Financial Times, Infront Sports and Media, the parent company of Infront Motor Sports, which owns the commercial rights to the World Superbike series, is being put up for sale by its current owners, Andreas Jacobs (heir of the eponymous coffee company) and the United in Sports private equity fund. But the interest comes from the parties bidding to take over the company: the Financial Times reports that three parties are involved, two sovereign wealth funds - the Qatar Investment Authority and an unnamed fund from Abu Dhabi - and a British private equity group, Bridgepoint Capital.
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