Word: staked
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...Lebedev will be more cautious and drop the price of the daily paper from ?1 to 50 pence in order to undercut the competition. This strategy is certainly more realistic. Lebedev can afford to take the financial risk, having made a fortune through the $668 million sale of his stake in Aeroflot, the Russian airline, and other businesses in his native country earlier this year...
...campaigning for local candidates. The special senatorial election in Massachusetts drew in the entire nation’s attention such that it almost made sense to enfranchise the country to vote. The election was foremost a matter of national importance, preserving the Senate majority, over what was truly at stake: electing a representative from Massachusetts...
...message from the comments attributed to Biden, and from Petraeus' testimony, is clear: This is not simply about the Israelis and Palestinians; U.S. national interests are at stake. And that creates pressure on the Administration not to allow the peace process to remain stalled...
That didn't stop car manufacturers like Toyota and BMW from pulling out of the sport anyway (Honda had quit at the end of 2008.) That leaves only three major carmakers - Ferrari (owned by Fiat), Mercedes-Benz and Renault (though the latter recently sold a majority stake in the racing team to Luxembourg investment firm Genii Capital) - still in F1. "The sport just wasn't delivering the value," says John Howett, head of Toyota Motor Sports. For the new season, some of the old names have been replaced by entrepreneurs with more dash than cash. Ecclestone calls the new teams...
Ecclestone, a former driver and team owner, began to exert control over F1 in the late 1970s, when he got a lock on the sale of the sport's TV rights, its most valuable asset. In 2005 he sold most of his stake in Formula One Management to private equity firm CVC Capital Partners. But thanks to a complicated ownership structure, he's still the straw that stirs the drink. Ecclestone alone makes the big TV, sponsorship and track deals that keep F1's cash gushing. He rests his legacy on the numbers, and they are indeed impressive, not least...