London — Formula One chair Chase Carey is donating $1m to set up a new foundation as part of an initiative to increase diversity in the sport.

F1 said in a statement on Thursday that the foundation will finance primarily internships and apprenticeships for under-represented groups...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now