Two billionaire co-founders of Ares Management and asset manager Forest Road have purchased the ERT Formula E team, which has been rechristened Kiro Race Co. ahead of the next season of the electric race car world championship circuit. Forest Road, a Los Angeles-based manager of some $127 million in assets, acquired all the equity of …
Forest Road, Ares Billionaire Co-Founders Buy Formula E Team
- Post published:15 October 2024
- Post category:Motor Sport