Through selling just 28.3% of F1 CVC has already made $2.1bn which is far more than it paid to buy the business. It bought F1 in 2006 with $1.1bn of debt from the Royal Bank of Scotland and a loan of around $965m from its investment Fund IV. It was 13.3pc of the total amount committed to Fund IV and was a big gamble as F1's teams were threatening to set up their own series due to a dispute over the amount of prize money their received.