Niki Lauda Acquires Stakes in Benko's Real Estate Firms

PeopleEntrepreneurs ♦ Published: July 17, 2015; 19:00 ♦ (Vindobona)

The private foundation of former Formula 1 driver Niki Lauda will acquire 1% of Signa Prime and a 10% stake in Signa Retail.

Lauda: We have complete confidence in the speed of the company’s development and its performance, and the fact that we have the same approach to business was another decisive factor. / Picture: © Wikimedia Commons / Waerfelu [CC BY 3.0 (https://creativecommons.org/licenses/by/3.0)]

The private foundation of former Formula 1 driver, Austrian sporting icon and leading businessman Niki Lauda, will acquire 1% of Signa Prime and a 10% stake in Signa Retail

As three-time Formula 1 world champion, in 1975, 1977 and 1984, Niki Lauda is one of the most successful drivers in the history of international motorsports.

His passion for aviation led him to set up…