Formula One Features — June 2000

JUNE 26, 2000

Firm Guidance - Nortel Networks

Nortel Networks is a vast telecommunications equipment maker, based in Canada. The company can trace its roots right back to 1880 when Alexander Graham Bell established the Bell Telephone Company of Canada in Montreal.

JUNE 19, 2000

Firm Guidance - Korean Air

The Korean Air company was established by the South Korean government to be the country's national airline. It was state-owned until 1969 when it was sold by the government at the time to the vast Hanjin shipping and transport empire.

JUNE 12, 2000

Firm Guidance - Benetton

In 1955 clothing salesman Luciano Benetton teamed up with younger sister Giuliana to go into business. Giuliana was knitting sweaters for her friends and legend has it that they sold Luciano's accordion and a bicycle belonging to their younger brother Carlo. With the money raised they bought a knitting machine. Giuliana made the sweaters and Luciano sold them.

JUNE 5, 2000

Firm Guidance - Marlboro

Philip Morris opened a tobacco shop in London in 1847 and seven years later he began to manufacture his own cigarettes.

JUNE 1, 2000

Financial - The future development of Formula 1 teams

In recent years the growth of Formula 1 teams has been dramatic.