F1 championship leader Valtteri Bottas has taken a 7.7% share in Monaco luxury property investor and developer Azurite.
Azurite, founded by Asos’ largest seed investor Nigel Robertson, invests in the luxury residential sector of Monaco’s real estate market.
The business is aiming to open up the Monaco development and refurbishment market to outside investors.
Bottas, who beat Lewis Hamilton to win the Azerbaijan Grand Prix last month, will also be the global ambassador for the company.
Bottas said: “Timing is everything in F1 and in business, Nigel has a proven track record in finding the right opportunities to enter a market. As an F1 driver, I have grown to love Monaco and am very excited about helping Azurite open up the market to different investors, many of whom wouldn’t typically invest in the country’s exclusive residential market on their own.”
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