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International Business Times
International Business Times
Sport
AFP News

INEOS's Sports Portfolio: F1 To Sailing

Eliud Kipchoge celebrates with INEOS owner Jim Ratcliffe after the Kenyan broke the two-hour marathon barrier (Credit: AFP)

British billionaire Jim Ratcliffe has expanded his sports portfolio by buying a 25 percent stake in Manchester United.

Ratcliffe's petrochemicals company INEOS has already used its vast profits to fund a series of sporting projects in football, cycling, Formula One, athletics and sailing.

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