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GP Week : Issue 217
F1 >>> BUsinEss rEd mccomBs Worth: £1,195m Age: 87 Nationality: American Title: co-owner of Circuit of the Americas Elderly Texan billionaire Billy Joe ‘Red’ McCombs is a late-comer to Formula One, first getting involved as an investor in the new United States Grand Prix venue, Circuit of the Americas, at the age of 83. McCombs’ fortune dates back to the 1950s, when he set up a string of car dealerships across America. He is a big sports fan and has preciously owned the San Antonio Spurs basketball team and the American football team, the Minnesota Vikings. mAnsour oJJEh And fAmilY Worth: £1,170m Age: 62 Nationality: French/saudi Arabian Title: co-owner of McLaren Son of the legendary Saudi arms trader, Akram Ojjeh, Mansour Ojjeh owns 25% of McLaren through his TAG Group. He became a fan of F1 after visiting the 1978 Monaco Grand Prix as a guest of Williams. Outside F1 he was the mastermind behind the rise of TAG Heuer watches which he sold in 1999 for £500m. He owns one of the world’s biggest private yachts and is often pictured hanging out with his high profile friends, such as Michael Douglas and Catherine Zeta Jones. ong BEng sEng And fAmilY Worth: £900m Age: 70 Nationality: Malaysian Title: promoter of the singapore Grand Prix OngBengSeng–orOBSasheisknowninF1 circles – made his name in Singapore property, which made him the perfect backer for the Singapore Grand Prix when it joined the calendar in 2008. F1 brings 80,000 people each year to Singapore and they stay in Ong’s hotels, eat in his restaurants and shop in his luxury goods stores. His glamorous wife Christina is an oil heiress known as the Queen of Bond Street who owns a stake in Mulberry handbags. Their other assets include Singapore’s Ferrari dealership and the Hard Rock Hotel in Bali. viJAY mAllYA Worth: £495m Age: 59 Nationality: Indian Title: co-owner and team principal of Force India Once a billionaire, flamboyant Force India owner Vijay Mallya has seen his fortune plummet in recent years, but still has riches most people can only dream of. His airline, Kingfisher, was grounded by the authorities in 2013 and Force India has recently complained about money problems. Mallya still has much to enjoy. He owns more than forty houses around the world, including a Scottish castle and a South African game lodge, plus a tropical island, a stud farm and a vast collection of classic cars, the highlight of which is a Rolls Royce garbage truck that used to belong to a maharajah. 27 GPWEEK.com // 27 GPWEEK.com // PARTNERS: