WHO IS ALEJANDRO AGAG AND WHY DOES IT MATTER?F1 News > Who is Alejandro Agag and why does it matter?
Who is Alejandro Agag
and why does it matter?
Click HereAlejandro Agag
is tipped as a possible partner for the Super Aguri F1 team.He
is a man who needs top be watched in the future because the 36-year-old Spaniard is extraordinarily well-connected both in business and in political circles.
The son of a Belgian banker, who became the number two at the National Bank of Algeria
when the bank was still run being run as a branch of France's banking system, Agag
was born in Spain
mother was an active member of the Partido Popular political party.He
studied economics at the Colegio Universitario de Estudios Financieros (CUNEF) but was active in the Partido Popular at the same time.He was quickly elected to the European Parliament and later became secretary-general of the European People's Party.
In that era he
was also a close advisor of Spain's Prime Minister Jose Maria Aznar and became close friends with Italian Prime Minister Silvio Berlusconi.
In 2002 he
married Aznar's daughter and resigned from politics and went into business, opening a number of companies and taking a job with a Portuguese bank.
Since then Agag
has been involved in other deals, notably the Telefonica sponsorship deal with Renault
acquired the majority shareholding in the Campos Racing GP2 operation last year and changed the name to Campos Grand Prix, a clear indication that he
has ambitions to be an F1 team owner.
According to Spanish sources he
is now trying to do a deal with a Chinese bank to support a Formula 1 team.
WHO IS ALEJANDRO AGAG
AND WHY DOES IT MATTER?DERNIE JOINS TOYOTA