He's launched a share issure prospectus! He he! The money is supposed to secure his drive with Minardi ie he has to buy it!! The propetus came with this week's Autocar. I know I won't be buying any of these £1 shares.
surely a better bet than buying real shares at the moment?
No way! He has no real long term future or assets. Stocks are at their lowest for over 7 years and for the speculative buyer now and around the time of war is an excellent time to buy IMO. If I had a spare few grand I'd wait till the war starts, watch the stocks plummet a bit more, then as the war comes to a close and oil prices stabilise buy then.
In any case, I'd rather buy shares in Micheal Schumacher even if he may have a shorter shelf life. He's a guarenteed revenue generator whereas a rookie with no cache or advertising image is up against it.