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Thursday, March 3, 2011
North One takeover deal completed
The World Rally Championship promoter, North One Sport, has confirmed it has been taken over by Convers Sports Initiatives. The deal struck between NOS owner North One Television and CSI - exclusively revealed in AUTOSPORT last month - will safeguard the future promotion of the series, bringing fresh investment to an area of North One Television's business which had suffered financial losses since taking over WRC promotion. Run by Russian billionaire and occasional rally driver Vladimir Antonov, CSI is promising to bring considerable resources for the WRC
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