Formula 1 commercial rights manager Bernie Ecclestone has joined a bid to purchase struggling Swedish car maker Saab.
Saab, owned by General Motors, has been put up for sale, and there is an imminent deadline for a sale or the brand faces closure. A previous deal to sell the company to Dutch supercar manufacturer Koenigsegg fell through, but now Ecclestone has joined forces with private investment company Genii Capital, which recently bought a stake in the Renault Formula 1 team, to buy it … Details
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