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submitted 1 year ago by bwoah@lemmy.world to c/formula1@lemmy.world
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[-] CaptDust@sh.itjust.works 54 points 1 year ago* (last edited 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 -5 points 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 4 points 1 year ago* (last edited 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.

[-] cosmicrookie@lemmy.world 3 points 1 year ago

The title is intentionally misleading instead of being short and accurate

this post was submitted on 16 Nov 2023
-1 points (49.0% liked)

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