“£100m Funding Boost Puts F1 Simulator Chain in Pole Position”

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F1 Arcade, the operator of Formula One driving simulators, is in the final stages of securing a £100m debt facility to support its expansion plans. The financing round has garnered support from Liberty Media, the owner of the sport, as well as British challenger bank Oaknorth and investment fund Cheyne. According to sources within the city, the deal is expected to be finalized within the next week…

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