Antonelli victory rare win for Manchester United owner Ratcliffe and Ineos
Somewhere, probably in Monaco, one Sir Jim Ratcliffe will be breathing a sigh of relief. Because the billionaire, who is chief executive of petrochemicals giant Ineos, has finally broken a run of winlessness in sport. The 74-year-old on Sunday saw Formula 1 driver Kimi Antonelli become the youngest ever world champion, driving for a team [...]
Sir Jim Ratcliffe, the billionaire and chief executive of petrochemicals giant Ineos, has experienced a rare victory in the world of sports. The 74-year-old was thrilled as Formula 1 driver Kimi Antonelli became the youngest ever world champion, driving for a team with a third stake owned by Ratcliffe. The successful team's deputy principal, Bradley Lord, praised Ineos for empowering the team to perform on track.
Ratcliffe's association with Ineos teams has been inconsistent, with some teams achieving instant success while others have declined over time, sometimes culminating in bitter court battles. Despite the recent success, Ratcliffe remains optimistic about the pattern holding true for other major investments.
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