Williams F1 has reduced the cost of its shares after the events in Bahrain

Williams F1 has reduced the cost of its shares after the events in Bahrain

The share price of Williams F1, which was listed on the stock exchange in Frankfurt a few days ago, recently dropped due to what happened in Bahrain.

The team expected to price its shares between 24 and 29 euros, but has just announced that it will revise this estimate slightly downwards, setting the range between 25 and 27 euros per share. This choice is probably justified by what happened in Bahrain, in fact the cancellation of the scheduled race brought mistrust in the environment, forcing the English team to reduce the price of the shares to encourage the purchase.

The newspaper The Telegraph commented on what happened like this, issuing a warning: "This is what happens when you believe you can bring F1 into the middle of the crisis in the Middle East."

Gian Maria Di Stefano

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