Jim France follows brother as Le Mans’ starter

first_imgLE MANS, FRANCE (June 22, 2013) — It was cold and blustery Saturday afternoon, the day’s first smattering of rain riding the 30-mph winds as the 24 Hour of Le Mans start neared.Not really the best conditions for racing – or flag-waving, for that matter. But Jim France soldiered on – and held on – taking his place in the starter’s stand with a full-sized French flag. As if inclement weather really mattered on this day, when Jim France got to do what his late brother, Bill France Jr., did in 1976, right here at Le Mans.Now, two Frances have waved the French flag to start the world’s biggest sports car race. It’s unprecedented, this brotherly piece of Le Mans trivia. Flag passed from 1976 starter Bill France Jr. to GRAND-AM Road Racing founder last_img

Equinor Completes Increase of Interest in Johan Sverdrup

first_imgEquinor has completed the sale of shares in Lundin Petroleum and acquisition of further direct interest in Johan Sverdrup field.Equinor agreed to divest a 16 percent shareholding in Lundin for a direct interest of 2.6 percent in the Johan Sverdrup field and a cash consideration of around USD 650 million in July.Equinor and Lundin have now completed both parts of the transaction by meeting all transaction conditions, including government and regulator approvals.The first part, Sparebank1 Markets’ acquisition of around 54.5 million shares in Lundin Petroleum from Equinor, concluded in August and followed the approval of the transaction in Lundin Petroleum’s Extraordinary General Meeting.The second part, Equinor Energy’s acquisition of a 2.6 percent interest in the Johan Sverdrup field from Lundin Norway, concluded on August 30, 2019.last_img read more