Sports Entertainment (SEL) in pole position to buy V8 Supercars

Posted by Sports News First on 17/5/2017
Filled in: Motor Sport

Sports Entertainment (SEL) are in pole position to buy the majority share of V8 Supercars according to the market with online bookmaker sportsbet.com.au.

SEL, who sold their share to current owners Archer Capital in 2011, are the $2.20 favourites to win the ownership race but there’s some fierce competition.

TEG is next in line at $2.50, with News Corp Australia considered a $3.50 chance.

“It looks like the current V8s owners will sell to SEL, who funnily enough were the sellers themselves back in 2011,” said sportsbet.com.au’s Christian Jantzen.

Market courtesy of sportsbet.com.au

Who will buy the majority stake in Supercars?

$2.20     Sports Entertainment Limited (SEL) 

$2.50     TEG

$3.50     News Corp Australia