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The Richest Man in Australia to Purchase the Battery and Tech Arm of Formula One for 164 million Pounds

Published On 26 Jan 2022 01:07 PM


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The richest man in Australia is set to buy the racing team of Williams Formula One’s battery and technology arm for 164 million pounds.

Fortescue Metals, a mining giant, will be acquiring the Williams Advanced Engineering from Williams Grand Prix Engineering and EMK Capital.

Fortescue Metals intends to benefit from the deal by achieving its carbon-neutral targets for 2030 because of its mining operations.

On....


Tags : Australia, Battery, Tech Arm, Formula One, Technology,
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