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Formula E owners bid for NBA Europe's London franchise

Summary by City AM
Formula E’s majority stakeholder has bid to buy the London franchise in the upcoming NBA Europe project, according to reports. The London franchise was the most sought after team when the period to submit non-binding bids to express an interest closed last week. NBA sources stated that they had received multiple bids of $1bn across the process. Liberty Global, the majority owner of all-electric motor racing series Formula E, has bid for the Lond…
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City AM broke the news in London, United Kingdom on Monday, April 6, 2026.
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