Mexican millionaire to join Alonso super-fund

Wed, 7 November 2007, 09:46

One of the richest men in the world reportedly wants to join the multi-million dollar so-called corporate ‘super fund’ to woo Fernando Alonso back to Renault.

It was reported on Tuesday that the French team had already pooled some (US) $90 million for the Alonso fund, including Movistar, BBVA and current McLaren sponsor Mutua Madrilena.

The Spanish newspaper Expansion now claims that Carlos Slim, a wealthy Mexican businessman who controls the telecommunications company Telmex, has proposed to also support Alonso’s return to Renault.

‘Expansion’ said Slim would demand that Brazil’s Nelson Piquet Jr be the Spaniard’s teammate.

Just as Spanish banking group BBVA would clash with existing Renault title sponsor ING, however, Slim’s telecommunications brands would clash with Telefonica, which was hoping to return to Renault perhaps through its Movistar brand.

Slim already sponsors GP2 driver Bruno Senna through the Brazilian telecommunications subsidiary Embratel.

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