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Chilton hopes to be a good investment
Max Chilton laughingly suggested that he would have happily cut off his right arm to secure his place on the Formula One starting grid. That would have been counter-productive, of course, but fortunately for the glamour sport's youngest and newest British racer, his father Grahame came up with an altogether less painful solution that could be the way of the future for Formula One. He turned his son into a private company to raise the cash. Chilton, three races into his rookie career with tail-enders Marussia, has effectively sold a cut of his future earnings to private investors willing to take a risk on a 21-year-old hopeful and gain tax benefits for doing so. "With the current...
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12y ago from SuperSport.com
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