The Williams F1 team was listed on the Frankfurt Stock Exchange Wednesday morning.
Williams Grand Prix Holding PLC made an offering of 2.4m shares priced at 25 Euros per share, totaling 60m Euros. It is the third IPO in Frankfurt this year.
Team boss Frank Williams said, “Our listing marks a new era in the history of the team. Williams’ future as an independent constructor is sustained by this listing, providing us the base from which to grow further. Williams offers a unique opportunity to investors, and the response to the offering is recognition of this.”
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